Argo Group International Holdings, Ltd. (NYSE:ARGO) is reporting second quarter earnings results on Monday 3rd August 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.32 per share.
For the full year, analysts predict revenues of $ 1716.13 million, while looking forward to income of $ 1.06 per share.
Previous Quarter Performance
Argo Group International Holdings, Ltd. outlined income for the first quarter of $ 0.36 per share, from the revenue of $ 435.00 million. The quarterly earnings declined 69.49 percent while revenues boosted 3.45 percent compared with the same quarter last year.
Street analysts expected Argo Group International Holdings, Ltd. to report income of $ 0.50 per share on revenue of $ 444.70 million for the first quarter. The bottom line results missed street analysts by $ 0.14 or 28 percent, at the same time, top line results fell short of analysts by $ 9.7 million or 2.18 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ARGO was $ 33.51, representing a 34.04 % increase from the 52 week low of $ 25.00 and a 52.73 % decrease over the 52 week high of $ 70.89.
The company has a market capital of $ 1.16 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.31 per share on May 7, 2020. The dividend were payable on June 12, 2020 to holders of record as of the close of business on May 29, 2020 and ex-dividend date on May 28, 2020.
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S.
