Conifer Holdings, Inc. (NASDAQ:CNFR) is set to announce second quarter earning results on Wednesday 12th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CNFR to report 2Q20 loss of $ 0.06 per share.
For the full year, analysts anticipate top line of $ 88.21 million, while looking forward to loss of $ 0.33 per share bottom line.
Previous Quarter Performance
Conifer Holdings, Inc. reported loss for the first quarter of $ 0.28 per share, from the revenue of $ 22.02 million. The quarterly revenues expanded 4.56 percent compared with the same quarter last year. Street analysts expected Conifer Holdings, Inc. to report loss of $ 0.10 per share on revenue of $ 21.55 million for the first quarter. The bottom line results missed street analysts by $ 0.18 or 180 percent, at the same time, top line results outshined analysts by $ 0.47 million or 2.18 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CNFR was $ 2.24, representing a 12.00 % increase from the 52 week low of $ 2.00 and a 51.3 % decrease over the 52 week high of $ 4.60.
The company has a market capital of $ 21.50 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Conifer Holdings, Inc., an insurance holding company, offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, commercial multi-peril, liquor liability, and automobile policies. It serves the commercial insurance needs of owner-operated businesses in the markets, such as hospitality, which includes restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians, and other independent contractors; and security service providers, such as companies that provide security guard services, security alarm products and services, and private investigative services.
