American Coastal Insurance (ACIC) Tops Q3 Earnings and Revenue Estimates

American Coastal Insurance (ACIC) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +56.41%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of $0.38 per share when it actually produced earnings of $0.54, delivering a surprise of +42. ...