SiriusPoint Q3 EPS $0.03 Misses $0.05 Estimate, Sales $568.90M Down From $613.00M YoY
Portfolio Pulse from Benzinga Newsdesk
SiriusPoint (NYSE:SPNT) reported Q3 earnings of $0.03 per share, missing the $0.05 estimate and showing a significant decrease from $0.32 last year. Sales also fell to $568.90M from $613.00M YoY.
October 31, 2024 | 8:23 pm
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SiriusPoint's Q3 earnings per share of $0.03 missed the analyst estimate of $0.05, marking a significant decline from $0.32 last year. Sales also decreased to $568.90M from $613.00M YoY.
The significant miss on EPS and the year-over-year decline in both earnings and sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100