ProAssurance Corp reports results for the quarter ended in March - Earnings Summary

ProAssurance

10/05/2023 17:42

* ProAssurance Corp  PRA.N  reported a quarterly adjusted
loss
of 15 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
19 cents per share.
    * Revenue fell 46.3% to $180.34 million from a year ago;
analysts
expected $343.55 million. 
    * ProAssurance Corp's reported EPS for the quarter was a
loss
of 11 cents​.
    * The mean earnings estimate of analysts had risen by
about 18% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ProAssurance Corp shares had risen by 2.0% this
quarter and
gained 7.9% so far this year.
    * The company reported a quarterly loss of $6.17 million.
    * Wall Street's median 12-month price target for
ProAssurance Corp
is $23.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 04:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.19           -0.15          Missed
 Dec. 31 2022      0.14           0.06           Missed
 Sep. 30 2022      0.20           -0.06          Missed
 Jun. 30 2022      0.12           0.30           Beat