Renaissancere Holdings Ltd reports results for the quarter ended in March - Earnings Summary

RenaissanceRe Holdings

04/05/2022 10:04

* Renaissancere Holdings Ltd  RNR.N  reported quarterly
adjusted
earnings of $3.50​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of $4.88 per share.
    * Revenue rose 1.7% to $876.42 million from a year ago; 
analysts
expected $1.53 billion. 
    * Renaissancere Holdings Ltd's reported EPS for the quarter
was a
loss of $9.10​.
    * The mean earnings estimate of analysts had fallen by
about 16.3%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Renaissancere Holdings Ltd shares had fallen by 7.4% this
quarter and lost 13.3% so far this year.
    * The company reported a quarterly loss of $394.41 million.
    * Wall Street's median 12-month price target for
Renaissancere
Holdings Ltd is $185.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 4 at 09:04 a.m.  ​All
figures in US dollars unless otherwise stated