Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For American Coastal Insurance Corporation ($ACIC)

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Don't miss out on the highly anticipated third quarter financial results of American Coastal Insurance Corporation (ACIC) set to be unveiled on Wednesday 6th November 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance after market close.

Based on the predictions of financial experts on Wall Street, the organization is expected to reveal an anticipated $0.35 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $84.51 million for the quarter.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.34. This significant amount was the outcome of the company's total revenue, which reached an impressive $55.81 million during that particular timeframe.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $285 million. Additionally, they are expecting the company to report profit of $1.4 per share for the fiscal year 2024.

 

The business has scheduled a conference call on 6th November 2024 at 05:00 PM eastern time to discuss Q3 financial results.

American Coastal Insurance Corporation (ACIC) closed Friday's regular trading session at $12.30, reflecting a 1.23 percent advance. The stock fluctuated between $12.16 and $12.57 during the day, with a volume of 141.70 thousand shares.