Trisura Group Ltd reports results for the quarter ended June 30 - Earnings Summary

• Trisura Group Ltd TSU.TO reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of seven analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 67 cents to 81 cents per share.

• Revenue rose 19.9% to C$195.79 million from a year ago; analysts expected C$179.00 million.

• Trisura Group Ltd's reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of C$37.13 million.

• Trisura Group Ltd shares had fallen by 6.2% this quarter and gained 6.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "hold."

• Wall Street's median 12-month price target for Trisura Group Ltd is C$52.50, about 21.2% above its last closing price of C$41.36

This summary was machine generated from LSEG data August 8 at 04:11 a.m. UTC. ​All figures in Canadian 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)