Triple-S Management: Q1 Earnings Insights
Shares of Triple-S Management (NYSE:GTS) were unchanged in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 2.60% over the past year to $0.75, which beat the estimate of $0.52.
Revenue of $896,441,000 up by 13.82% from the same period last year, which missed the estimate of $897,920,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Triple-S Management hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: May 07, 2020
Time: 06:00 PM ET
Webcast URL: http://public.viavid.com/player/index.php?id=139322
Recent Stock Performance
52-week high: $27.86
Company's 52-week low was at $9.13
Price action over last quarter: Up 10.47%
Company Description
Triple-S Management Corp B is a diversified insurance provider that operates in Puerto Rico. The company operates three segments including Managed Care, Life insurance; and Property and casualty insurance. It generates the vast majority of its revenue through premiums earned from the sale of managed care products to the Commercial, Medicare Advantage, and Medicaid sectors. Triple-S generally receives revenues from premiums, administrative service fees, and investment income.
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
