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Recap: Conifer Holdings Q3 Earnings

Benzinga Insights
·1 min read

Shares of Conifer Holdings (NASDAQ:CNFR) were flat after the company reported Q3 results.

Quarterly Results

Earnings per share fell 33.33% year over year to ($0.24), which missed the estimate of ($0.03).

Revenue of $22,227,000 decreased by 2.41% year over year, which missed the estimate of $24,120,000.

Outlook

Conifer Holdings hasn't issued any earnings guidance for the time being.

View more earnings on CNFR

Conifer Holdings hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $4.60

Company's 52-week low was at $2.00

Price action over last quarter: down 21.18%

Company Overview

Conifer Holdings Inc is an insurance company. The company's operating segment includes Commercial Lines; Personal Lines; Under-writing; Wholesale Agency and Corporate. It generates maximum revenue from the Under-writing segment. Commercial lines segment offers coverage for property, liability, automobile and other miscellaneous coverage primarily to owner-operated small and mid-sized businesses, professional organizations and hospitality businesses such as restaurants, bars, and taverns. The Personal lines segment offers coverage for low-value dwelling and wind-exposed homeowners. Its revenues are derived from premiums earned, investment income, installment fees, policy issuance fees, and commission income.

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