Kinsale Cap Gr KNSL is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Kinsale Cap Gr will report an earnings per share (EPS) of $3.62.
Kinsale Cap Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
The company's EPS beat by $0.23 in the last quarter, leading to a 17.51% increase in the share price on the following day.
Here's a look at Kinsale Cap Gr's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 3.52 | 3.34 | 3.39 | 2.84 |
EPS Actual | 3.75 | 3.50 | 3.87 | 3.31 |
Price Change % | 18.0% | -17.0% | 15.0% | -20.0% |
Stock Performance
Shares of Kinsale Cap Gr were trading at $458.81 as of October 22. Over the last 52-week period, shares are up 7.2%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Kinsale Cap Gr visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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