SiriusPoint Q3 EPS $0.32 Beats $0.20 Estimate, Sales $613.00M Up From $597.50M YoY
Portfolio Pulse from bharat@benzinga.com
SiriusPoint (NYSE:SPNT) reported Q3 earnings of $0.32 per share, beating the analyst consensus estimate of $0.20 by 60%. This is a 152.46% increase over losses of $(0.61) per share from the same period last year. The company reported $613.00 million in sales this quarter, a 2.59% increase over sales of $597.50 million the same period last year.
November 08, 2023 | 9:44 pm
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SiriusPoint's Q3 earnings and sales have exceeded expectations, which could positively impact the company's stock in the short term.
SiriusPoint's Q3 earnings have significantly exceeded analyst expectations, and the company has also reported a YoY increase in sales. This strong financial performance could make the company's stock more attractive to investors, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100