American Coastal Insurance (ACIC) Surpasses Q3 Earnings Estimates
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American Coastal Insurance (ACIC) reported Q3 earnings of $0.54 per share, surpassing the Zacks Consensus Estimate of $0.35 and last year's $0.34 per share.
November 07, 2024 | 12:15 am
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American Coastal Insurance (ACIC) reported Q3 earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.35 and last year's $0.34 per share.
ACIC's earnings per share of $0.54 exceeded both the Zacks Consensus Estimate and the previous year's earnings, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100