Twfg Inc Reports Results For The Quarter: Earnings Summary

TWFG

13/11/2024 14:19

* TWFG Inc  TWFG.OQ  reported quarterly adjusted earnings of
15
cents​​ per share for the quarter .  The mean expectation of
nine analysts for the quarter was for earnings of 16 cents per
share. Wall Street expected results to range from 13 cents to 25
cents per share.
    * Revenue was $54.64 million​; analysts expected $53.14
million. 
    * TWFG Inc's reported EPS for the quarter was 8 cents​.
    * The company reported quarterly net income of $6.89
million.
    * TWFG Inc shares had risen by 21.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "buy"

Wall Street's median 12-month price target for TWFG Inc is 30.00
This summary was machine generated from LSEG data November 13 at
02:19 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.16           0.15           Missed
 Jun. 30 2024      0.14           14.89          Beat