Kinsale Shares Slide 1.69% as Earnings Estimates Come Into Focus

Kinsale Capital Group shares fell 1.69% to close at $324.92 Monday, underperforming major indexes. The S&P 500 lost 0.77%, the Dow fell 0.67% and the Nasdaq declined 0.92%.

Over the past month, the shares have dropped 13.17%. That compares with a 3.48% decline for the Finance sector and a 0.96% gain for the S&P 500.

Ahead of the company’s upcoming results, Zacks consensus estimates call for quarterly earnings of $4.87 per share and revenue of $479.3 million. Those figures would be down 6.53% and 3.66%, respectively, from the same quarter a year earlier.

For the full year, Zacks estimates earnings of $21.10 per share and revenue of $1.98 billion, increases of 8.15% and 5.51% from a year earlier. The consensus estimate for earnings per share has not changed over the past month.