ProAssurance (PRA) reported $287.52 million in income for the quarter ended December 2024, representing a year-over-year enhance of 0.9%. EPS of $0.36 for a similar interval compares to -$0.05 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $271.98 million, representing a shock of +5.71%. The corporate delivered an EPS shock of +140.00%, with the consensus EPS estimate being $0.15.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.
Right here is how ProAssurance carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Internet Loss Ratio: 75.7% versus the five-analyst common estimate of 78.6%.
- Underwriting Expense Ratio: 33.6% versus 33.1% estimated by 5 analysts on common.
- Mixed Ratio: 109.3% in comparison with the 111.7% common estimate based mostly on 5 analysts.
- Internet Loss Ratio – Staff Compensation: 75.7% in comparison with the 80.9% common estimate based mostly on three analysts.
- Internet premiums earned: $241.07 million versus the five-analyst common estimate of $231.24 million. The reported quantity represents a year-over-year change of -2.5%.
- Internet funding earnings: $36.81 million in comparison with the $37.73 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +9.2% yr over yr.
- Fairness in earnings (loss) of unconsolidated subsidiaries: $5.82 million versus $3.04 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +334% change.
- Different earnings(loss): $9.64 million versus the five-analyst common estimate of $3.01 million. The reported quantity represents a year-over-year change of +146.3%.
- Internet Premiums Earned- Specialty Property & Casualty: $185.81 million in comparison with the $183.36 million common estimate based mostly on three analysts. The reported quantity represents a change of -4% yr over yr.
- Internet Premiums Earned- Segregated Portfolio Cell Reinsurance: $12.35 million versus $12.93 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -19.8% change.
- Internet Premiums Earned- Staff Compensation: $42.92 million in comparison with the $39.89 million common estimate based mostly on three analysts. The reported quantity represents a change of +12% yr over yr.
- Internet funding income- Segregated Portfolio Cell Reinsurance: $0.92 million in comparison with the $0.85 million common estimate based mostly on two analysts. The reported quantity represents a change of +38.7% yr over yr.
View all Key Company Metrics for ProAssurance here>>>
Shares of ProAssurance have returned -5.3% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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ProAssurance Corporation (PRA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.