Kingstone Companies: Q1 Earnings Insights

Kingstone Companies (NASDAQ:KINS) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:15 PM. Here’s what…

Kingstone Companies (NASDAQ:KINS) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Kingstone Companies missed estimated earnings by 194.74%, reporting an EPS of $-0.56 versus an estimate of $-0.19.

Revenue was up $1.58 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.34 which was followed by a 9.53% increase in the share price the next day.

Here’s a look at Kingstone Companies’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.02 -0.02 0.14 -0.09
EPS Actual -0.36 -0.35 -0.17 -0.54
Revenue Estimate 29.18M 28.49M 31.16M 24.01M
Revenue Actual 30.45M 29.36M 27.90M 26.67M

To track all earnings releases for Kingstone Companies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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