Kinsale Cap Gr Q4 Sales $351.17M Beat $332.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinsale Capital Group (KNSL) reported Q4 sales of $351.17M, surpassing the analyst consensus estimate of $332.79M by 5.52%. This represents a 44.54% increase compared to $242.96M in sales during the same period last year.
February 15, 2024 | 9:13 pm
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Kinsale Capital Group reported a significant beat on Q4 sales estimates and a substantial year-over-year growth.
Beating sales estimates and showing a strong year-over-year growth are positive indicators for a company's financial health and operational efficiency. This outperformance is likely to instill investor confidence and could lead to a short-term uptick in KNSL's stock price.
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IMPORTANCE 90
RELEVANCE 100