TWFG Inc reports results for the quarter ended March 31 - Earnings Summary

• TWFG Inc TWFG.OQ reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended March 31. The mean expectation of eight analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 14 cents to 18 cents per share.

• Revenue was $53.82 million​; analysts expected $53.45 million.

• TWFG Inc's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $5.52 million.

• TWFG Inc shares had risen by 6.1% this quarter and gained 6.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the multiline insurance & brokers peer group is also "buy"

• Wall Street's median 12-month price target for TWFG Inc is $32.00

This summary was machine generated from LSEG data May 13 at 10:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)