Pelagos Insurance Capital Ltd reports results for the quarter ended June 30 - Earnings Summary
Pelagos Insurance Capital Ltd reports results for the quarter ended June 30 - Earnings Summary
Pelagos Insurance Capital Ltd PLGO.N reported quarterly adjusted earnings of 34 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of nine analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 56 cents to $1.07 per share.
Revenue rose 10.1% to $769.20 million from a year ago; analysts expected $778.12 million.
Pelagos Insurance Capital Ltd's reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $44.4 million.
Pelagos Insurance Capital Ltd shares had risen by 0.6% this quarter and gained 25.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"
Wall Street's median 12-month price target for Pelagos Insurance Capital Ltd is $24.00, about 1.3% below its last closing price of $24.32
This summary was machine generated from LSEG data August 13 at 01:00 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.87 | 0.34 | Missed |
Mar. 31 2026 | 0.75 | 0.94 | Beat |
Dec. 31 2025 | 1.08 | 1.09 | Beat |
Sep. 30 2025 | 1.15 | 1.21 | Beat |
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