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James River Group Holdings Ltd. (JRVR)
:JRVR
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.27Last Year’s EPS
0.37Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: -14.11%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging year for James River Group with significant losses and increased reserves. However, there are positive signs of growth in the E&S segment and strong investment portfolio performance. The rate environment remains favorable, but the losses and reserve challenges weigh heavily on the overall sentiment.Company Guidance
During the James River Group Q4 2024 Earnings Call, CEO Frank D'Orazio highlighted the company's transformative year, emphasizing strategic moves to address legacy issues and strengthen their balance sheet. Key metrics included a 10.8% increase in net investment income, reaching $93.1 million, and a $1 billion E&S business growth by 2% for the quarter. The accident year combined ratio for the E&S segment was 91.8%, with an accident year loss ratio of 64.3%, reflecting a cautious outlook. The Specialty Admitted segment reported a full-year combined ratio of 92.2% with an 8.3% increase in gross premiums. Looking ahead, CFO Sarah Doran provided guidance for 2025, expecting a mid-teen operating return on tangible common equity and similar accident year loss ratios as 2024, despite a $52.8 million expense for adverse development cover. The company aims to capitalize on robust market conditions and underwriting improvements, anticipating accelerated growth in 2025.Investment Portfolio Performance
The investment portfolio generated $93.1 million of net investment income from continuing operations, marking a 10.8% increase over 2023.
E&S Segment Growth
E&S business grew by 2% for the fourth quarter, with an 11.2% growth across remaining divisions excluding excess casualty. December's production saw significant year-over-year increases.
Positive Rate Environment
Achieved a positive renewal rate change of 9% in 2024, reflecting strong market momentum and a continued positive outlook for the E&S sector.
Specialty Admitted Segment Performance
The segment generated a combined ratio of 95.3% in Q4 and 92.2% for the full year, with underwriting profit growth of 68.6% over the prior year.
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JRVR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JRVR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $4.89 | $3.50 | -28.43% |
| Nov 11, 2024 | $6.59 | $4.94 | -25.04% |
| Aug 05, 2024 | $7.42 | $7.05 | -4.99% |
| May 08, 2024 | $8.36 | $7.82 | -6.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does James River Group Holdings Ltd. (JRVR) report earnings?
James River Group Holdings Ltd. (JRVR) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is James River Group Holdings Ltd. (JRVR) earnings time?
James River Group Holdings Ltd. (JRVR) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JRVR EPS forecast?
JRVR EPS forecast for the fiscal quarter 2025 (Q1) is 0.27.
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