Fidelis Insurance (US:FIHL) ZACKS·2025-02-26 00:25Core Viewpoint - Fidelis Insurance Holdings reported a quarterly loss of $1.05 per share, slightly better than the Zacks Consensus Estimate of a loss of $1.08, but down from earnings of $1.15 per share a year ago, indicating a challenging financial performance [1][2] Financial Performance - The company posted revenues of $685.9 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.24%, and showing an increase from $553.7 million year-over-year [2] - Over the last four quarters, Fidelis Insurance has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates during the same period [2] Stock Performance - Shares of Fidelis Insurance have declined approximately 20% since the beginning of the year, contrasting with a 1.7% gain in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $691.9 million, and for the current fiscal year, it is $3.24 on revenues of $2.99 billion [7] Industry Outlook - The Zacks Industry Rank for Insurance - Multi line is currently in the bottom 43% of over 250 Zacks industries, suggesting that the industry is underperforming compared to the top half [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Fidelis Insurance's stock performance [5][6]