Compared to Estimates, Accelerant Holdings (ARX) Q3 Earnings: A Look at Key Metrics

Core Insights - Accelerant Holdings reported revenue of $267.4 million for the quarter ended September 2025, showing no change year-over-year, with an EPS of $0.38 compared to $0 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $260.58 million by 2.62%, and the EPS surpassed the consensus estimate of $0.22 by 72.73% [1] Financial Performance Metrics - Net revenue retention was reported at 135%, exceeding the average estimate of 129.1% from four analysts [4] - Total number of members reached 265, surpassing the average estimate of 254 from three analysts [4] - Net investment income was $10.1 million, below the average estimate of $17.36 million from four analysts [4] - Revenue from Exchange Services was $85 million, slightly above the average estimate of $82.68 million from four analysts [4] - Net Earned Premiums amounted to $82.1 million, falling short of the average estimate of $102.23 million from four analysts [4] - Underwriting revenues were reported at $117.6 million, compared to the average estimate of $122 million from four analysts [4] - MGA Operations generated $80.8 million in revenue, exceeding the average estimate of $71.57 million from four analysts [4] - Adjusted EBITDA for Exchange Services was $59.2 million, above the average estimate of $52.69 million from four analysts [4] - Adjusted EBITDA for MGA Operations was $45.4 million, significantly higher than the average estimate of $31.5 million from four analysts [4] - Adjusted EBITDA for Underwriting was reported at $17.6 million, compared to the average estimate of $3.47 million from four analysts [4] - Adjusted EBITDA for Corporate and Other was -$13.3 million, slightly better than the average estimate of -$14.61 million from three analysts [4] Stock Performance - Shares of Accelerant Holdings have declined by 13.8% over the past month, while the Zacks S&P 500 composite increased by 4.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]