Kinsale Capital Group, Inc. (KNSL) delivered fourth-quarter 2023 net operating earnings of 3.87pershare,whichoutpacedtheZacksConsensusEstimateby12.53.87 per share, which outpaced the Zacks Consensus Estimate by 12.5%. The bottom line increased 48.8% year over year. The results benefited from favorable pricing environment, premium growth, rate increases and improved combined ratio, partially offset by higher expenses. Operational Update Operating revenues jumped 41.5% year over year to about 3.87pershare,whichoutpacedtheZacksConsensusEstimateby12.5351.2 million. The growth can primarily be attributed to a rise in prem ...
Kinsale Capital (KNSL) Zacks Investment Research·2024-02-16 22:46