Hamilton Insurance Group Third Quarter 2024 Earnings: EPS: US$0.77 (vs US$0.42 in 3Q 2023)

Hamilton Insurance Group (NYSE:HG) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$518.8m (up 31% from 3Q 2023).
• Net income: US$78.3m (up 80% from 3Q 2023).
• Profit margin: 15% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.77 (up from US$0.42 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hamilton Insurance Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are up 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hamilton Insurance Group you should know about.

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