Fidelis Insurance Hldgs Q4 2023 Adj EPS $1.150 Beats $0.790 Estimate, Sales $553.700M Up From $428.900M YoY
Portfolio Pulse from Benzinga Newsdesk
Fidelis Insurance Holdings (FIHL) reported Q4 2023 adjusted EPS of $1.150, surpassing the $0.790 estimate, marking a 45.57% beat and a 76.92% increase YoY. Sales reached $553.7M, up 29.10% from $428.9M YoY.
February 29, 2024 | 9:43 pm
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Fidelis Insurance Holdings reported a significant beat on Q4 2023 earnings and revenue, indicating strong financial performance.
The substantial beat on both earnings per share and revenue compared to analyst estimates, along with significant year-over-year growth, suggests a strong financial performance for Fidelis Insurance Holdings. This is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
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