Stock Analysis

Kingsway Financial Services Second Quarter 2024 Earnings: US$0.093 loss per share (vs US$0.061 loss in 2Q 2023)

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Kingsway Financial Services (NYSE:KFS) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$26.8m (down 5.3% from 2Q 2023).
  • Net loss: US$2.53m (loss widened by 63% from 2Q 2023).
  • US$0.093 loss per share (further deteriorated from US$0.061 loss in 2Q 2023).
earnings-and-revenue-history
NYSE:KFS Earnings and Revenue History August 8th 2024

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

Kingsway Financial Services shares are down 6.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Kingsway Financial Services you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Kingsway Financial Services might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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 NYSE:KFS

Kingsway Financial Services

Through its subsidiaries, engages in the extended warranty and business services in the United States.

Adequate balance sheet with weak fundamentals.

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