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American Coastal Insurance (ACIC) Lags Q4 Earnings Estimates
ACICUnited Insurance(ACIC) ZACKS·2025-02-28 00:45

Core Viewpoint - American Coastal Insurance (ACIC) reported quarterly earnings of 0.12pershare,missingtheZacksConsensusEstimateof0.12 per share, missing the Zacks Consensus Estimate of 0.16 per share, and down from 0.39pershareayearago,indicatinga−250.39 per share a year ago, indicating a -25% earnings surprise [1] - The company posted revenues of 79.27 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.13% and up from 58.21millionyear−over−year[2]Group1−ThecompanyhassurpassedconsensusEPSestimatesthreetimesoverthelastfourquarters[2]−AmericanCoastalshareshavelostabout558.21 million year-over-year [2] Group 1 - The company has surpassed consensus EPS estimates three times over the last four quarters [2] - American Coastal shares have lost about 5% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The current consensus EPS estimate for the coming quarter is 0.45 on revenues of 78.94million,andforthecurrentfiscalyear,itis78.94 million, and for the current fiscal year, it is 1.50 on revenues of 336.59million[7]Group2−TheestimaterevisionstrendforAmericanCoastalismixed,resultinginaZacksRank3(Hold)forthestock,indicatingexpectedperformanceinlinewiththemarket[6]−TheZacksIndustryRankforInsurance−PropertyandCasualtyiscurrentlyinthetop17336.59 million [7] Group 2 - The estimate revisions trend for American Coastal is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The Zacks Industry Rank for Insurance - Property and Casualty is currently in the top 17% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8] - Heritage Insurance, another company in the same industry, is expected to report quarterly earnings of 0.52 per share, reflecting a year-over-year change of -54.8% [9]