Conifer Holdings (CNFR) Misses Q1 EPS by 2c

Conifer Holdings (NASDAQ: CNFR) reported Q1 EPS of ($0.48), $0.02 worse than the analyst estimate of ($0.46).

James Petcoff, Chairman and CEO, commented, “Our results were impacted by Winter Storm Uri and by severity from certain geographies largely in our quick service restaurant business. We have worked diligently to reduce exposure in our underperforming areas, while concentrating on markets where we have consistently reported favorable results. We achieved solid top line growth in both Commercial and Personal lines, which will help Conifer achieve an efficient operating scale going forward.”

For earnings history and earnings-related data on Conifer Holdings (CNFR) click here.

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