Fidelis Insurance Holdings Ltd reports results for the quarter ended June 30 - Earnings Summary

• Fidelis Insurance Holdings Ltd FIHL.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of ten analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -63 cents to 6 cents per share.

• Revenue rose 4.3% to $698.90 million from a year ago; analysts expected $681.96 million.

• Fidelis Insurance Holdings Ltd's reported EPS for the quarter was 18 cents​.

• The company reported quarterly net income of $19.7 million.

• Fidelis Insurance Holdings Ltd shares had risen by 2.5% this quarter and lost 6.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 146.3% 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 "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "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 Fidelis Insurance Holdings Ltd is $18.00, about 3.1% above its last closing price of $17.44

This summary was machine generated from LSEG data August 13 at 09:00 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)