James River Gr Hldgs: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
James River Gr Hldgs (NASDAQ:JRVR) reported Q4 earnings with a -25.0% miss on estimated EPS, reporting $0.33 versus an estimate of $0.44. Revenue decreased by $17.93 million from the same period last year. The company's past earnings performance shows a mixed trend with occasional beats and misses on EPS estimates.
February 28, 2024 | 9:45 pm
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James River Gr Hldgs reported a significant miss in Q4 earnings with a -25.0% deviation from estimated EPS and a decrease in revenue from the previous year.
The significant miss in estimated earnings and the decrease in revenue year-over-year are likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price, similar to the past performance where a smaller EPS beat was followed by a 7% drop in share price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100