Greenlight Capital Re Past Earnings Performance
Past criteria checks 2/6
Greenlight Capital Re has been growing earnings at an average annual rate of 59.3%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 7.7% per year. Greenlight Capital Re's return on equity is 13.2%, and it has net margins of 12.5%.
Key information
59.3%
Earnings growth rate
59.4%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 7.7% |
| Return on equity | 13.2% |
| Net Margin | 12.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revisiting Greenlight Capital Re: Still A 'Hold' For Me
Nov 20Greenlight Capital Q3 2024 Letter
Oct 17Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2024 Update
Sep 05Greenlight Capital Q2 2024 Letter
Aug 23Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2024 Update
Jun 07Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2023 Update
Mar 05Greenlight Capital Q4 2023 Letter
Jan 24If EPS Growth Is Important To You, Greenlight Capital Re (NASDAQ:GLRE) Presents An Opportunity
May 17
Greenlight Capital Re invests in short-term rental insurance startup SafelyStay
Oct 18Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2022 Update
Oct 10Greenlight Capital Re: Re-Analyzing David Einhorn's Investment Vehicle
Aug 12Greenlight Capital Q1 2022 Letter
Jun 02Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2022 Update
May 19Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2021 Update
Feb 28Tracking David Einhorn's Portfolio - Q3 2021 Update
Nov 18Tracking David Einhorn's Portfolio - Q2 2021 Update
Sep 07Greenlight Re: Investing With David Einhorn Or Not
Jun 28Tracking David Einhorn's Portfolio - Q1 2021 Update
Jun 08Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 63% In The Past Five Years
Mar 07Did Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Insiders Sell Shares?
Jan 31A Look At Greenlight Capital Re's (NASDAQ:GLRE) CEO Remuneration
Dec 27
Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 66% In The Past Three Years
Dec 01Greenlight Capital Re forms marketing company boost presence in London market
Nov 24Tracking David Einhorn's Portfolio - Q3 2020 Update
Nov 18Revenue & Expenses Breakdown
How Greenlight Capital Re makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 702 | 88 | 43 | 0 |
| 30 Jun 24 | 689 | 66 | 40 | 0 |
| 31 Mar 24 | 698 | 108 | 40 | 0 |
| 31 Dec 23 | 655 | 87 | 39 | 0 |
| 30 Sep 23 | 645 | 104 | 37 | 0 |
| 30 Jun 23 | 606 | 72 | 36 | 0 |
| 31 Mar 23 | 548 | 37 | 34 | 0 |
| 31 Dec 22 | 532 | 25 | 32 | 0 |
| 30 Sep 22 | 553 | 15 | 31 | 0 |
| 30 Jun 22 | 562 | 20 | 29 | 0 |
| 31 Mar 22 | 571 | 5 | 29 | 0 |
| 31 Dec 21 | 590 | 18 | 29 | 0 |
| 30 Sep 21 | 598 | 35 | 23 | 0 |
| 30 Jun 21 | 584 | 51 | 22 | 0 |
| 31 Mar 21 | 564 | 51 | 20 | 0 |
| 31 Dec 20 | 486 | 4 | 26 | 0 |
| 30 Sep 20 | 414 | -68 | 25 | 0 |
| 30 Jun 20 | 428 | -66 | 28 | 0 |
| 31 Mar 20 | 456 | -50 | 30 | 0 |
| 31 Dec 19 | 543 | -4 | 30 | 0 |
| 30 Sep 19 | 513 | -54 | 28 | 0 |
| 30 Jun 19 | 410 | -149 | 27 | 0 |
| 31 Mar 19 | 360 | -201 | 26 | 0 |
| 31 Dec 18 | 200 | -350 | 25 | 0 |
| 30 Sep 18 | 266 | -307 | 25 | 0 |
| 30 Jun 18 | 472 | -198 | 26 | 0 |
| 31 Mar 18 | 508 | -196 | 26 | 0 |
| 31 Dec 17 | 677 | -45 | 26 | 0 |
| 30 Sep 17 | 738 | 42 | 28 | 0 |
| 30 Jun 17 | 647 | 52 | 27 | 0 |
| 31 Mar 17 | 609 | 25 | 26 | 0 |
| 31 Dec 16 | 608 | 45 | 26 | 0 |
| 30 Sep 16 | 480 | -47 | 24 | 0 |
| 30 Jun 16 | 251 | -297 | 22 | 0 |
| 31 Mar 16 | 246 | -274 | 24 | 0 |
| 31 Dec 15 | 158 | -326 | 23 | 0 |
| 30 Sep 15 | 233 | -223 | 25 | 0 |
| 30 Jun 15 | 347 | -55 | 26 | 0 |
| 31 Mar 15 | 471 | 94 | 24 | 0 |
| 31 Dec 14 | 504 | 110 | 25 | 0 |
| 30 Sep 14 | 595 | 133 | 23 | 0 |
| 30 Jun 14 | 787 | 241 | 24 | 0 |
| 31 Mar 14 | 740 | 160 | 24 | 0 |
| 31 Dec 13 | 768 | 226 | 21 | 0 |
Quality Earnings: GLRE has high quality earnings.
Growing Profit Margin: GLRE's current net profit margins (12.5%) are lower than last year (16.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLRE has become profitable over the past 5 years, growing earnings by 59.3% per year.
Accelerating Growth: GLRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GLRE had negative earnings growth (-15.5%) over the past year, making it difficult to compare to the Insurance industry average (33.2%).
Return on Equity
High ROE: GLRE's Return on Equity (13.2%) is considered low.