Kingstone Companies Inc reports results for the quarter ended June 30 - Earnings Summary

• Kingstone Companies Inc KINS.OQ reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 39 cents. The lone analyst forecast for the quarter was for earnings of 55 cents per share.

• Revenue was $52.21 million​; analysts expected $52.70 million.

• Kingstone Companies Inc's reported EPS for the quarter was 78 cents​.

• The company reported quarterly net income of $11.25 million.

• Kingstone Companies Inc shares had risen by 5.1% this quarter and gained 6.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.8% 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 "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "buy."

• Wall Street's median 12-month price target for Kingstone Companies Inc is $22.00, about 26.4% above its last closing price of $16.20

This summary was machine generated from LSEG data August 8 at 05:54 a.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)