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

• Citizens Inc CIA.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of two analysts for the quarter was for earnings of 4 cents per share.

• Revenue rose 4.8% to $65.09 million from a year ago; analysts expected $62.71 million.

• Citizens Inc's reported EPS for the quarter was 13 cents​.

• The company reported quarterly net income of $6.46 million.

• Citizens Inc shares had risen by 22.9% this quarter and gained 7.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.5% 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 life & health insurance peer group is "buy."

• Wall Street's median 12-month price target for Citizens Inc is $5.50, about 22% above its last closing price of $4.29

This summary was machine generated from LSEG data August 8 at 06:09 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)