This company has been acquired
Argo Group International Holdings Past Earnings Performance
Past criteria checks 0/6
Argo Group International Holdings's earnings have been declining at an average annual rate of -51%, while the Insurance industry saw earnings growing at 9% annually. Revenues have been declining at an average rate of 1.4% per year.
Key information
-51.0%
Earnings growth rate
-50.8%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | -1.4% |
| Return on equity | -16.0% |
| Net Margin | -13.0% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Argo Group trades higher on proposed acquisition by Brookfield Reinsurance
Feb 08Arch Capital enters auction for Argo Group - report
Jan 12Argo Group International Holdings (NYSE:ARGO) Will Pay A Dividend Of $0.31
Nov 21
Argo Group International Holdings (NYSE:ARGO) Has Announced A Dividend Of $0.31
Nov 07Argo Group International declares $0.31 dividend
Nov 04Argo Group gains on report of restarted sales process
Sep 13Argo Group International goes ex-dividend tomorrow
Aug 29Argo Group International Holdings (NYSE:ARGO) Is Due To Pay A Dividend Of $0.31
Aug 25Argo Group International Holdings (NYSE:ARGO) Is Paying Out A Dividend Of $0.31
Aug 11Argo Group International declares $0.31 dividend
Aug 05Argo Group Has To Rebuild Confidence After Renewed Concerns About Underwriting And Reserves
Mar 10Argo Group International Holdings' (NYSE:ARGO) Dividend Will Be US$0.31
Feb 24Argo Group: Strategic Repositioning Coming Along, Shares Still Undervalued
Aug 14Argo Group: You Get What You Pay For
Jun 17Argo Group International declares $0.31 dividend
May 06Argo Group International Holdings'(NYSE:ARGO) Share Price Is Down 34% Over The Past Year.
Jan 28Argo Group International sells its Italian underwriting business in Europe exit strategy
Dec 23Need To Know: Argo Group International Holdings, Ltd. (NYSE:ARGO) Insiders Have Been Buying Shares
Dec 22Revenue & Expenses Breakdown
How Argo Group International Holdings 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 23 | 1,528 | -198 | 0 | 0 |
| 30 Jun 23 | 1,594 | -200 | 0 | 0 |
| 31 Mar 23 | 1,673 | -218 | 0 | 0 |
| 31 Dec 22 | 1,755 | -186 | 0 | 0 |
| 30 Sep 22 | 1,902 | -192 | 0 | 0 |
| 30 Jun 22 | 1,986 | -121 | 0 | 0 |
| 31 Mar 22 | 2,091 | -35 | 0 | 0 |
| 31 Dec 21 | 2,130 | -4 | 0 | 0 |
| 30 Sep 21 | 2,120 | 111 | 0 | 0 |
| 30 Jun 21 | 2,074 | 66 | 0 | 0 |
| 31 Mar 21 | 1,979 | -7 | 0 | 0 |
| 31 Dec 20 | 1,890 | -59 | 0 | 0 |
| 30 Sep 20 | 1,854 | -164 | 110 | 0 |
| 30 Jun 20 | 1,859 | -164 | 191 | 0 |
| 31 Mar 20 | 1,895 | -130 | 290 | 0 |
| 31 Dec 19 | 1,961 | -14 | 0 | 0 |
| 30 Sep 19 | 1,888 | 51 | 359 | 0 |
| 30 Jun 19 | 1,899 | 117 | 361 | 0 |
| 31 Mar 19 | 1,874 | 130 | 353 | 0 |
| 31 Dec 18 | 1,801 | 57 | 352 | 0 |
| 30 Sep 18 | 1,855 | 136 | 354 | 0 |
| 30 Jun 18 | 1,795 | 34 | 361 | 0 |
| 31 Mar 18 | 1,783 | 38 | 358 | 0 |
| 31 Dec 17 | 1,774 | 50 | 359 | 0 |
| 30 Sep 17 | 1,720 | 54 | 341 | 0 |
| 30 Jun 17 | 1,698 | 171 | 327 | 0 |
| 31 Mar 17 | 1,619 | 156 | 310 | 0 |
| 31 Dec 16 | 1,577 | 147 | 292 | 0 |
| 30 Sep 16 | 1,529 | 155 | 291 | 0 |
| 30 Jun 16 | 1,493 | 135 | 285 | 0 |
| 31 Mar 16 | 1,508 | 132 | 293 | 0 |
| 31 Dec 15 | 1,491 | 163 | 296 | 0 |
| 30 Sep 15 | 1,496 | 182 | 298 | 0 |
| 30 Jun 15 | 1,493 | 191 | 298 | 0 |
| 31 Mar 15 | 1,476 | 202 | 292 | 0 |
| 31 Dec 14 | 1,490 | 183 | 286 | 0 |
| 30 Sep 14 | 1,513 | 171 | 284 | 0 |
| 30 Jun 14 | 1,497 | 158 | 280 | 0 |
| 31 Mar 14 | 1,494 | 151 | 273 | 0 |
| 31 Dec 13 | 1,478 | 143 | 273 | 0 |
| 30 Sep 13 | 1,422 | 91 | 267 | 0 |
| 30 Jun 13 | 1,405 | 73 | 261 | 0 |
| 31 Mar 13 | 1,356 | 65 | 256 | 0 |
| 31 Dec 12 | 1,331 | 52 | 248 | 0 |
Quality Earnings: ARGO is currently unprofitable.
Growing Profit Margin: ARGO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARGO is unprofitable, and losses have increased over the past 5 years at a rate of 51% per year.
Accelerating Growth: Unable to compare ARGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARGO is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (14.6%).
Return on Equity
High ROE: ARGO has a negative Return on Equity (-16.02%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/17 18:01 |
| End of Day Share Price | 2023/11/15 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Argo Group International Holdings, Ltd. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Farnam | Boenning & Scattergood, Inc. |
| Casey Alexander | Compass Point Research & Trading, LLC |
| Bijan Moazami | FBR Capital Markets & Co. |