White Mountains Insurance Q3 EPS $9.19 Down From $306.93 YoY, Sales $519.60M Up From $383.20M YoY
Portfolio Pulse from Benzinga Newsdesk
White Mountains Insurance (NYSE:WTM) reported Q3 earnings of $9.19 per share, a 97.01% decrease YoY. However, the company's sales increased by 35.59% to $519.60 million compared to the same period last year.
November 07, 2023 | 6:33 am
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NEGATIVE IMPACT
White Mountains Insurance's Q3 earnings per share decreased significantly by 97.01% YoY, while sales increased by 35.59%.
The significant decrease in earnings per share could negatively impact the company's stock price in the short term. However, the increase in sales might offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100