Fidelis Insurance (FIHL) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Fidelis Insurance Holdings (FIHL) reported revenue of $686.6 million for Q3 2024, marking a year-over-year increase of 27.7% and an EPS of $0.92 compared to $0.77 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $691.89 million, resulting in a surprise of -0.76%, while the EPS exceeded expectations with a surprise of +26.03% against a consensus estimate of $0.73 [1] Financial Metrics - Combined Ratio stood at 87.4%, better than the average estimate of 90.7% from two analysts [3] - Loss Ratio was reported at 37.5%, significantly lower than the estimated 43.3% [3] - Net premiums earned were $634.50 million, slightly below the average estimate of $643.24 million [3] - Net investment income reached $52.10 million, surpassing the average estimate of $48.66 million [3] Stock Performance - Shares of Fidelis Insurance have returned +1.3% over the past month, underperforming the Zacks S&P 500 composite's +3.3% change [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [4]