Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Fidelis Insurance Holdings despite higher revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected on August 14, 2024, with an estimated EPS of $0.69, reflecting a -10.4% change year-over-year, while revenues are projected to be $582.19 million, up 28.5% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised down by 8.43% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, making it challenging to predict an earnings beat [10][11]. Historical Performance - In the last reported quarter, Fidelis Insurance was expected to post earnings of $0.75 per share but delivered $0.74, resulting in a -1.33% surprise. Over the last four quarters, the company has beaten consensus EPS estimates twice [12][13]. Conclusion - Fidelis Insurance does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].

On Monday, May 20, Fidelis announced it would offer 9 million shares to the public in a large block sale, good for about 7.7% of the company's total outstanding shares. Then, on Wednesday, the company announced a $16.00 per share sale price for the block, well below the $18.50 stock price to begin the week and below Fidelis' book value per share of $21.22 as of last quarter. Needless to say, the share sale at such a low valuation of just 75% of book value was probably disappointing to shareholders, or perha ...

Table of Contents As filed with the Securities and Exchange Commission on May 20, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Bermuda 6331 Not Applicable (I.R.S. Employer Identification Number) Fidelis Insurance Holdings Limited Wellesley House South 90 Pitts Bay Road Pembroke Bermuda HM08 UNDER THE SEC ...

Fidelis Insurance Holdings (FIHL) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.33%. A quarter ago, it was expected that this insurance and reinsurance company would post earnings of $0.74 per share when it actually produced earnings of $1.15, delivering a surprise of 55.41%.Over ...

The newly public insurer posted impressive fourth-quarter results.Shares of newly public insurance company Fidelis Insurance Holdings Limited (FIHL 1.31%) rallied 30.2% in March, according to data from S&P Global Market Intelligence.Fidelis was incorporated in 2014 but just went public via an initial public offering (IPO) back in June of 2023. As a relatively new-on-the-scene financial company, Fidelis hadn't received a very enthusiastic welcome in the markets, as it initially raised less money than it had ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance” or “the Company”), a global specialty insurer, announced today that it has filed its annual report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (“SEC”). The Form 20-F can be accessed by visiting either the SEC's website at www.sec.gov or the Company's website at www.fidelisinsurance.com. In addition, the Company's shareholders may receive a hard copy ...

The broader finance sector has had its ups and downs recently, to put the situation mildly. One of the brighter spots was the quarterly earnings report dropped late Thursday by Fidelis Insurance Group (FIHL 13.04%). Thanks to solid beats on both the top and bottom lines, investors flocked to the shares the following day, sending their price 13% higher. And that was on a good day for the wider stock market, with the S&P 500 index rising by nearly 1%.Fourth-quarter revenue and premiums rose at double-digit ra ...

Fidelis Insurance Holdings Limited (NYSE:FIHL) Q4 2023 Earnings Conference Call March 1, 2024 9:00 AM ET Company Participants Miranda Hunter - Head, Investor Relations Dan Burrows - Chief Executive Officer Allan Decleir - Chief Financial Officer Conference Call Participants Meyer Shields - KBW Matt Carletti - JMP Andrew Andersen - Jefferies Lee Cooperman - Omega Family Office Pablo Singzon - JPMorgan Mike Ward - Citi Operator Good morning, ladies and gentlemen, and welcome to the Fidelis Insurance Holdings ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (“Fidelis” or “FIHL” or “the Group”) (NYSE: FIHL) announced today its financial results for the fourth quarter ended December 31, 2023.   Dan Burrows, Group Chief Executive Officer, said “ The fourth quarter was a strong finish to a milestone year for Fidelis in which we became a public company and strengthened our position as a global specialty insurer. Utilizing our nimble yet disciplined approach, we capitalized on attractive o ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”) announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the issuance of the Series 2024-1 Class A Principal at Risk Variable Rate Notes and the Series 2024-1 Class B Principal at Risk Variable Rate Notes (together, the “Series 2024-1 Notes”) by its Herbie Re Ltd. program (“Herbie Re”). This is the fifth series of notes ...