Kinsale Cap Gr Q2 2024 Adj EPS $3.97 Beats $3.53 Estimate, Sales $384.55M Beat $372.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinsale Capital Group (NYSE:KNSL) reported Q2 2024 adjusted EPS of $3.97, beating the $3.53 estimate. Sales were $384.55M, surpassing the $372.57M estimate and marking a 30.02% increase from the same period last year.
July 25, 2024 | 8:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kinsale Capital Group (NYSE:KNSL) reported Q2 2024 adjusted EPS of $3.97, beating the $3.53 estimate. Sales were $384.55M, surpassing the $372.57M estimate and marking a 30.02% increase from the same period last year.
Kinsale Capital Group's strong Q2 2024 earnings and revenue performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The 30.02% year-over-year increase in sales further underscores the company's robust growth.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100