Fidelis Insurance Holdings (FIHL) Reports Q1 Loss, Misses Revenue Estimates

Core Insights - Fidelis Insurance Holdings reported a quarterly loss of $0.41 per share, which was better than the Zacks Consensus Estimate of a loss of $0.43, and a significant decline from earnings of $0.74 per share a year ago, indicating a 155.4% year-over-year decrease in earnings [1] - The company posted revenues of $652.5 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.55%, but showing a 25.5% increase from year-ago revenues of $520 million [2] - Fidelis Insurance shares have underperformed the market, losing about 4.7% since the beginning of the year compared to the S&P 500's gain of 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.77 on revenues of $653.93 million, and for the current fiscal year, it is $2.35 on revenues of $2.9 billion [7] - The estimate revisions trend for Fidelis Insurance is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Insurance - Multi line industry, to which Fidelis Insurance belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]