ProAssurance Corp expected to post earnings of 19  cents a share - Earnings Preview

ProAssurance

06/05/2023 03:08

* 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
2.4% increase in revenue to $343.555 million from $335.61
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 19 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 had fallen by
about 10.0%
in the last three months. ​
    * Wall Street's median 12-month price target for
ProAssurance Corp
is $23​, above​ its last closing price of $18.41. ​​​

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 2022  0.12        0.14       0.06      Missed  -55.6
 Sep. 30 2022  0.21        0.20       -0.06     Missed  -129.7
 Jun. 30 2022  0.12        0.12       0.30      Beat    154.2​
 Mar. 31 2022  0.18        0.18       0.14      Missed  -23.6
 ​​Dec.        0.19        0.17       0.62      Beat    273.5
 31 2021                                                
 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
 This summary was machine generated May 6 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated