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Kinsale Shares Gain Ahead of October Earnings Report
The insurer gained 1.21% in the latest session, while Zacks expects lower quarterly earnings and revenue year over year.
Key takeaways
- Kinsale shares closed at $336.45, up 1.21% in the latest session.
- Zacks expects quarterly earnings per share of $4.87 and revenue of $479.3 million.
Kinsale Capital Group shares closed at $336.45, up 1.21% in the latest trading session. The gain topped the S&P 500’s 0.58% rise, while the Dow gained 0.49% and the Nasdaq added 0.45%.
Over the past month, the stock fell 10.92%. The Finance sector declined 4.49%, while the S&P 500 gained 0.84%.
Kinsale is expected to report earnings on October 22. Zacks estimates quarterly earnings of $4.87 per share, down 6.53% from the year-earlier quarter, and revenue of $479.3 million, down 3.66%.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
