James River Group (JRVR) Reports Q3 Loss, Tops Revenue Estimates
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James River Group (JRVR) reported a Q3 loss of $0.74 per share, missing the Zacks Consensus Estimate of $0.66. However, the company exceeded revenue expectations.
November 11, 2024 | 11:45 pm
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James River Group reported a Q3 loss of $0.74 per share, missing the consensus estimate of $0.66, but exceeded revenue expectations.
The reported loss per share was worse than expected, which is typically negative for stock prices. However, the fact that revenue exceeded expectations may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100