Kingstone Companies Q2 2024 Adj. EPS $0.43 Beats $0.39 Estimate, Sales $30.303M Up From $29.508M YoY
Portfolio Pulse from Benzinga Newsdesk
Kingstone Companies (NASDAQ:KINS) reported Q2 2024 adjusted EPS of $0.43, beating the analyst estimate of $0.39. Sales increased to $30.303 million from $29.508 million YoY.
August 12, 2024 | 8:54 pm
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Kingstone Companies reported Q2 2024 adjusted EPS of $0.43, beating the analyst estimate of $0.39 by 10.26%. Sales increased by 2.69% YoY to $30.303 million.
The better-than-expected EPS and YoY sales growth are positive indicators for Kingstone Companies. Beating analyst estimates typically boosts investor confidence and can lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100