Kinsale Capital (KNSL)
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Kinsale Capital (KNSL) Q1 Earnings Top, Premiums Rise Y/Y
Zacks Investment Research· 2024-04-26 18:05
Kinsale Capital Group (KNSL) delivered first-quarter 2024 net operating earnings of $3.50 per share, which outpaced the Zacks Consensus Estimate by 5.1%. The bottom line increased 43.4% year over year.The results benefited from a favorable pricing environment, premium growth, rate increases and improved combined ratio, partially offset by higher expenses.Operational UpdateOperating revenues jumped 45.1% year over year to about $373 million. The growth can primarily be attributed to a rise in premiums, fee i ...
Compared to Estimates, Kinsale Capital Group (KNSL) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 01:31
Kinsale Capital Group, Inc. (KNSL) reported $372.79 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 45.1%. EPS of $3.50 for the same period compares to $2.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $358.7 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +5.11%, with the consensus EPS estimate being $3.33.While investors closely watch year-over-year changes in headline numbers -- revenue and ...
Kinsale Capital (KNSL) - 2024 Q1 - Quarterly Report
2024-04-25 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______ to _______ Commission File Number: 001-37848 KINSALE CAPITAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 98-0664337 (State or other ...
Kinsale Capital (KNSL) - 2024 Q1 - Quarterly Results
2024-04-25 20:11
Exhibit 99.1 Kinsale Capital Group Reports First Quarter 2024 Results Richmond, VA, April 25, 2024 - Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $98.9 million, $4.24 per diluted share, for the first quarter of 2024 compared to $55.8 million, $2.40 per diluted share, for the first quarter of 2023. Net operating earnings were $81.6 million, $3.50 per diluted share, for the first quarter of 2024 compared to $56.8 million, $2.44 per diluted share, for the first quarter of 2023. (1) Highlight ...
Is Kinsale Capital Group (KNSL) Stock Outpacing Its Finance Peers This Year?
Zacks Investment Research· 2024-04-24 14:46
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Kinsale Capital Group, Inc. (KNSL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Kinsale Capital Group, Inc. is a member of the Finance sector. This group includes 859 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the ...
Insights Into Kinsale Capital Group (KNSL) Q1: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-22 14:22
Analysts on Wall Street project that Kinsale Capital Group, Inc. (KNSL) will announce quarterly earnings of $3.33 per share in its forthcoming report, representing an increase of 36.5% year over year. Revenues are projected to reach $358.7 million, increasing 39.6% from the same quarter last year.The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their i ...
Kinsale Capital Group, Inc. (KNSL) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-18 15:08
Kinsale Capital Group, Inc. (KNSL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
Is Kinsale Capital Group (KNSL) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks Investment Research· 2024-04-17 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Kinsale Capital Group (KNSL) Upgraded to Buy: Here's What You Should Know
Zacks Investment Research· 2024-04-17 17:01
Investors might want to bet on Kinsale Capital Group, Inc. (KNSL) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of ...
Will Kinsale Capital Group (KNSL) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-11 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Kinsale Capital Group, Inc. (KNSL) . This company, which is in the Zacks Insurance - Property and Casualty industry, shows potential for another earnings beat.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the ...