Kinsale Capital Group Inc expected to post earnings of $3.60 a share - Earnings Preview

Kinsale Capital

23/10/2024 04:58

* Kinsale Capital Group Inc  KNSL.N   KNSL.K  is expected
to show
a rise in quarterly revenue when it reports  results on October
24 for the period ending September 30 2024
    * The Richmond Virginia-based  company is expected to report
a
27.5% increase in revenue to $400.782 million from $314.37
million a year ago, according to the mean estimate from 8
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 $3.60 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"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 $445.00​, below​ its last closing price of $458.81.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  3.54        3.53       3.75      Beat    6.4
 Mar. 31 2024  3.35        3.34       3.50      Beat    4.7
 Dec. 31 2023  3.41        3.39       3.87      Beat    14.1​
 Sep. 30 2023  2.85        2.84       3.31      Beat    16.6
 ​​Jun.        2.48        2.48       2.88      Beat    16.3
 30 2023                                                
 Mar. 31 2023  2.21        2.21       2.44      Beat    10.6​
 Dec. 31 2022  2.15        2.15       2.60      Beat    21.1
 Sep. 30 2022  1.20        1.30       1.64      Beat    25.9
 This summary was machine generated October 23 at 03:58 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)