Kinsale Cap Gr Q3 2024 Adj. EPS $4.90 Beats $3.60 Estimate, Sales $448.646M Beat $400.782M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinsale Capital Group reported strong Q3 2024 results, with adjusted EPS of $4.90 beating estimates by 36.11% and sales of $448.646M surpassing expectations by 11.94%. This marks a 42.71% increase in sales compared to the same period last year.
October 24, 2024 | 8:13 pm
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Kinsale Capital Group's Q3 2024 earnings and sales significantly exceeded analyst expectations, with EPS at $4.90 and sales at $448.646M, marking a strong performance and a 42.71% increase in sales year-over-year.
The significant beat on both EPS and sales indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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