Kingstone Announces 2018 Fourth Quarter Financial Results
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Kingstone (KINS) Misses Q4 EPS by 23c
March 13, 2019 4:16 PM EDTKingstone (NASDAQ: KINS) reported Q4 EPS of $0.08, $0.23 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $32 million versus the consensus estimate of $32.44 million.
Direct written premiums1 increased 23.0%; Personal lines grew by 23.6%Net premiums earned increased 28.5% to $28.9 millionNet loss of $0.9 million or $0.08 per diluted share including an unrealized decline in value of equity securities of $2.1 million or $.16 per diluted share, net of taxNet operating income1 decreased 55.1% to $0.9 million or $0.08 per diluted... More