NasdaqGS:JRVRInsurance
James River Group (JRVR) Earnings Forecasts Signal 88.79% Growth Despite Ongoing Losses and Slow Revenue
James River Group Holdings (JRVR) posted a continued loss, with the company’s losses increasing at an average rate of 2.3% per year over the past five years. Looking ahead, analysts expect earnings to rebound sharply and are forecasting annual growth of 88.79% with a return to profitability within three years. With relative value compared to peers and the prospect of rapid earnings improvement, investors may see reasons for optimism despite a challenging recent track record.
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