Kinsale Capital Group Inc expected to post earnings of $3.53 a share - Earnings Preview

Kinsale Capital

23/07/2024 21:38

* Kinsale Capital Group Inc  KNSL.N   KNSL.K  is expected
to show
a rise in quarterly revenue when it reports  results on July 25
for the period ending June 30 2024
    * The Richmond Virginia-based  company is expected to report
a
26.0% increase in revenue to $372.57 million from $295.77
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Kinsale Capital Group
Inc is
for earnings of $3.53 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kinsale
Capital
Group Inc is $425.00​, above​ its last closing price of $373.29.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  3.35        3.34       3.50      Beat    4.7
 Dec. 31 2024  3.41        3.39       3.87      Beat    14.1
 Sep. 30 2023  2.85        2.84       3.31      Beat    16.6​
 Jun. 30 2023  2.48        2.48       2.88      Beat    16.3
 ​​Mar.        2.21        2.21       2.44      Beat    10.6
 31 2023                                                
 Dec. 31 2022  2.15        2.15       2.60      Beat    21.1​
 Sep. 30 2022  1.20        1.30       1.64      Beat    25.9
 Jun. 30 2022  1.63        1.62       1.92      Beat    18.4
 This summary was machine generated July 23 at 20:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)