ProAssurance Corp expected to post earnings of 18  cents a share - Earnings Preview

ProAssurance

07/05/2022 03:11

* ProAssurance Corp  PRA.N   PRA  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Birmingham Alabama-based  company is expected to
report  a
40.1% increase in revenue to $314.837 million from $224.72
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ProAssurance Corp
is for
earnings of 18 cents per share. For the same quarter last year,
the company reported earnings of 4 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
ProAssurance Corp
is $28​, above​ its last closing price of $24.49. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.19        0.17       0.62      Beat    273.5
 Sep. 30 2021  0.16        0.16       0.25      Beat    56.3
 Jun. 30 2021  0.04        0.06       0.49      Beat    673.7​
 Mar. 31 2021  0.00        0.02       0.04      Beat    118.2
 ​​Dec.        0.01        0.01       0.06      Beat    500
 31 2020                                                
 Sep. 30 2020  0.14        0.10       0.05      Missed  -49.2​
 Jun. 30 2020  -0.73       -0.74      -0.60     Beat    19.3
 Mar. 31 2020  0.03        0.05       -0.02     Missed  -144.4
 This summary was machine generated May 7 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated