ProAssurance: Q1 Earnings Insights

ProAssurance PRA reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

ProAssurance missed estimated earnings by 178.95%, reporting an EPS of $-0.15 versus an estimate of $0.19.

Revenue was down $25.92 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 4.68% increase in the share price the next day.

Here's a look at ProAssurance's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.13 0.20 0.12 0.18
EPS Actual 0.06 -0.06 0.30 0.14
Revenue Estimate 224.87M 307.41M 240.63M 314.84M
Revenue Actual 258.24M 258.36M 247.27M 265.71M

To track all earnings releases for ProAssurance visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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