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

RenaissanceRe Holdings

01/11/2022 22:33

* Renaissancere Holdings Ltd  RNR.N  reported a quarterly
adjusted
loss of $9.27​​ per share for the quarter ended in September.
The mean expectation of nine analysts for the quarter was for a
loss of $7.74 per share.
    * Revenue fell 16.7% to $1.29 billion from a year ago;
analysts
expected $1.11 billion. 
    * Renaissancere Holdings Ltd's reported EPS for the quarter
was a
loss of $19.27​.
    * The mean earnings estimate of analysts had fallen by
about 539.1% in the last three months.​ 
    * In the last 30 days eight analysts negatively revised
earnings
estimates 
    * Renaissancere Holdings Ltd shares had risen by 10.2% this
quarter and lost 8.7% so far this year.
    * The company reported a quarterly loss of $825.34 million.
    * Wall Street's median 12-month price target for
Renaissancere
Holdings Ltd is $168.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 10:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -7.74          -9.27          Missed
 Jun. 30 2022      5.11           5.51           Beat
 Mar. 31 2022      4.76           3.50           Missed
 Dec. 31 2021      4.54           4.71           Beat