Global Indemnity Group Q3 2023 Adj. EPS $(0.05) Misses $0.65 Estimate, Revenue $126.061M Misses 146.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Indemnity Group's Q3 2023 adjusted EPS was $(0.05), missing the $0.65 estimate. The company's revenue was $126.061M, also missing the $146.000M estimate.
November 08, 2023 | 1:10 pm
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NEGATIVE IMPACT
Global Indemnity Group's Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Earnings reports are a significant factor in a company's stock price. Global Indemnity Group's missed earnings and revenue estimates could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100