Core Viewpoint - American Coastal Insurance (ACIC) reported quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share, and down from $0.39 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 $58.21 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 $78.94 million, and for the current fiscal year, it is $1.50 on revenues of $336.59 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]
American Coastal Insurance (ACIC) Lags Q4 Earnings Estimates