1Q earnings: Fidelis Insurance reported $0.74 EPS, missing estimates by $0.01, with $520M revenue; shares fell to $18.48.
Fidelis Insurance (FIHL) reported Q1 earnings of $0.74 per share, missing estimates by $0.01, with revenue of $520M compared to the expected $585M. Shares fell $0.82, trading at $18.48. The firm announced a quarterly dividend of $0.10 per share, representing a 2.16% dividend yield. Despite the miss, the stock received positive ratings from JMP Securities, JPMorgan Chase & Co., and Keefe, Bruyette & Woods.
May 10, 2024
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