Kingstone Companies Q2 EPS $(0.06) Misses $(0.01) Estimate, Net Premiums Earned $29.50M Beat $29.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kingstone Companies reported Q2 earnings per share (EPS) of $(0.06), missing the estimate of $(0.01). However, the company's net premiums earned of $29.50M beat the estimate of $29.02M.
August 10, 2023 | 8:20 pm
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Kingstone Companies' Q2 earnings missed estimates, but net premiums earned exceeded expectations.
Kingstone Companies' Q2 earnings report showed a miss on EPS, which could negatively impact the stock. However, the beat on net premiums earned could offset this negative impact, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100