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Kingsway Financial Services (KFS)
NYSE:KFS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: 5.26%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call indicates a generally positive sentiment with strong growth in revenue and EBITDA, successful acquisitions, and positive trends in key segments like nurse staffing and software. However, challenges in the Extended Warranty segment and increased debt levels present some concerns.Company Guidance
During the Kingsway Full Year 2024 earnings call, the company provided guidance on several key metrics. Consolidated revenue for the year was $109.4 million, marking a 6% increase from the previous year. The consolidated adjusted EBITDA stood at $10.6 million, up by 17% compared to 2023, with sequential improvement observed in each quarter of 2024. The Extended Warranty segment reported a modest revenue growth of 1% to $68.9 million, while its adjusted EBITDA saw a decline to $7.6 million from $8.4 million in the prior year, primarily due to increased claims costs. In contrast, the Kingsway Search Accelerator (KSX) segment showed strong performance, with revenue increasing by 16% to $40.5 million and adjusted EBITDA growing by 15% to $6.6 million. The company highlighted significant acquisitions, including Image Solutions and Bud's Plumbing, and emphasized its strategy of growing through acquisitions in asset-light, high-return businesses. Looking ahead, Kingsway expressed optimism for 2025, fueled by a robust acquisition pipeline and a strategic focus on maintaining financial discipline while expanding its portfolio.Revenue and EBITDA Growth
For the full year 2024, consolidated revenue was $109.4 million, up 6% from 2023, and consolidated adjusted EBITDA was $10.6 million, up 17% compared to 2023.
Kingsway Search Accelerator (KSX) Performance
KSX reported revenue of $40.5 million, an increase of 16% compared to $35 million in 2023. KSX adjusted EBITDA for 2024 was $6.6 million, an increase of 15% from $5.7 million in 2023.
Acquisition of Buds Plumbing
Kingsway acquired Buds Plumbing, a 100-plus year-old service and repair plumbing company, for $5 million, expanding its skilled trades platform.
Positive Trends in Nurse Staffing
SNS, a nurse staffing service, reported an 8.5% increase in total shifts in Q4, with travel shifts up 42%, indicating a recovering market.
Strong Performance of SPI
SPI, acquired in 2023, showed strong revenue growth and exceeded baseline financial models with impressive gains in EBITDA growth.
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KFS 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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KFS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 17, 2025 | $7.60 | $7.58 | -0.26% |
| Nov 06, 2024 | $9.55 | $9.33 | -2.30% |
| Aug 06, 2024 | $8.01 | $7.97 | -0.50% |
| May 08, 2024 | $8.93 | $8.16 | -8.62% |
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 Kingsway Financial Services (KFS) report earnings?
Kingsway Financial Services (KFS) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Kingsway Financial Services (KFS) earnings time?
Kingsway Financial Services (KFS) earnings time is at May 07, 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 KFS EPS forecast?
Currently, no data Available
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