- United States
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- Insurance
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- NasdaqGM:AAME
Atlantic American Third Quarter 2024 Earnings: US$0.10 loss per share (vs US$0.081 profit in 3Q 2023)
Atlantic American (NASDAQ:AAME) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$44.5m (flat on 3Q 2023).
- Net loss: US$2.00m (down by 220% from US$1.66m profit in 3Q 2023).
- US$0.10 loss per share (down from US$0.081 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Atlantic American shares are up 3.0% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Atlantic American (at least 1 which is concerning), and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGM:AAME
Atlantic American
Through its subsidiaries, provides life and health, and property and casualty insurance products in the United States.
Slightly overvalued with imperfect balance sheet.