ProAssurance Corp expected to post earnings of 6 cents a share - Earnings Preview
04/05/2024 03:01
* ProAssurance Corp PRA.N PRA is expected to show a rise
in
quarterly revenue when it reports results on May 6 for the
period ending March 31 2024
* The Birmingham Alabama-based company is expected to
report a
1.0% increase in revenue to $318.837 million from $315.79
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales/Revenue majority basis is
on Gross Written Premium)
* LSEG's mean analyst estimate for ProAssurance Corp is for
earnings of 6 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 $14.50, above its last closing price of $13.83.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.06 0.06 -0.05 Missed -189
Sep. 30 2023 0.16 0.16 -0.07 Missed -145
Jun. 30 2023 0.10 0.10 0.16 Beat 62.4
Mar. 31 2023 0.19 0.19 -0.15 Missed -179.4
Dec. 0.12 0.14 0.06 Missed -55.6
31 2022
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
This summary was machine generated May 4 at 02:01 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)