Kinsale Cap Gr Q4 2023 Adj EPS $3.87 Beats $3.39 Estimate, Sales $351.17M Beat $332.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinsale Capital Group (KNSL) reported Q4 2023 adjusted EPS of $3.87, surpassing the $3.39 estimate, with sales of $351.17M also beating the $332.79M estimate. This represents a 44.54% increase in sales compared to the same period last year.
February 15, 2024 | 9:18 pm
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Kinsale Capital Group reported a significant beat on both EPS and sales estimates for Q4 2023, with a notable year-over-year sales growth of 44.54%.
Beating both EPS and sales estimates significantly, especially with a substantial year-over-year growth in sales, is likely to be viewed positively by investors. This outperformance could lead to increased investor confidence and potentially drive the stock price up in the short term.
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RELEVANCE 100