Hamilton Insurance Group Q1 EPS $1.38 Beats $1.06 Estimate, Sales $658.64M Beat $450.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hamilton Insurance Group (NYSE:HG) reported Q1 earnings of $1.38 per share, surpassing the $1.06 estimate, marking a 181.63% increase from last year. Sales reached $658.64M, beating the $450.60M estimate, a 104.31% increase from the previous year.
May 08, 2024 | 8:25 pm
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Hamilton Insurance Group reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $1.38 and sales of $658.64M.
The substantial beat on both earnings per share and sales estimates indicates strong financial health and operational efficiency. This performance, significantly exceeding analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on HG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100