Specialty insurance provider Kinsale Capital Group (NYSE:KNSL) will be reporting results this Thursday after the bell. Here’s what investors should know.
Kinsale Capital Group missed analysts’ revenue expectations by 0.7% last quarter, reporting revenues of $423.4 million, up 13.6% year on year. It was a strong quarter for the company, with a solid beat of analysts’ book value per share estimates and an impressive beat of analysts’ EPS estimates.
Is Kinsale Capital Group a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Kinsale Capital Group’s revenue to grow 12.9% year on year to $434.3 million, slowing from the 30% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.42 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kinsale Capital Group has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Kinsale Capital Group’s peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Progressive delivered year-on-year revenue growth of 21.3%, beating analysts’ expectations by 1.4%, and Travelers reported revenues up 7.3%, in line with consensus estimates. Progressive traded up 2.2% following the results while Travelers was also up 5.5%.
Read our full analysis of Progressive’s results here and Travelers’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.7% on average over the last month. Kinsale Capital Group is up 1.6% during the same time and is heading into earnings with an average analyst price target of $478.38 (compared to the current share price of $485.50).
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