Kinsale Cap Gr Q2 EPS $2.88 Beats $2.50 Estimate, Sales $295.77M Beat $284.86M Estimate
Portfolio Pulse from mahesh@benzinga.com
Kinsale Cap Gr (NYSE:KNSL) reported Q2 earnings of $2.88 per share, beating the analyst consensus estimate of $2.50 by 15.2%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $295.77 million, beating the analyst consensus estimate of $284.86 million by 3.83%. This is a 60.85% increase from the same period last year.
July 27, 2023 | 8:20 pm
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POSITIVE IMPACT
Kinsale Cap Gr's Q2 earnings and sales exceeded analyst estimates, showing significant YoY growth. This positive financial performance could potentially boost the company's stock price in the short term.
Kinsale Cap Gr's Q2 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This is likely to be viewed positively by investors, potentially leading to an increase in demand for the company's stock and a subsequent rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100