NYSE:OSGInsurance
Octave Specialty Group (OSG) Stock Sinks After Guidance Reset Cuts Earnings Outlook
Octave Specialty Group just saw its stock drop almost 13% to US$4.93, yet the earnings story is less about collapse and more about a sharp reset in expectations. Investors are reacting to a deeper adjusted net income per share cut for 2026 guidance and the reminder that the company still reports sizeable losses.
The real headline is different. Insurance Distribution is generating meaningful cash with adjusted earnings before interest, taxes, depreciation and amortization climbing, while...