Oxbridge Re Holdings Q4 EPS $(0.46) Down From $0.12 YoY, Sales $(1.91M) Down From $1.04M YoY
Portfolio Pulse from Happy Mohamed
Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decrease in its Q4 earnings per share (EPS) to $(0.46) from $0.12 YoY, and a decrease in sales to $(1.91M) from $1.04M YoY, indicating a substantial decline in financial performance.
March 26, 2024 | 8:13 pm
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Oxbridge Re Holdings reported a significant decline in Q4 earnings and sales, with EPS dropping to $(0.46) from $0.12 YoY and sales decreasing to $(1.91M) from $1.04M YoY.
The reported decrease in both earnings per share and sales for Oxbridge Re Holdings indicates a significant downturn in the company's financial health. This substantial decline in performance is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100