Conifer Holdings, Inc. (NASDAQ:CNFR) is set to announce third quarter earning results on Wednesday 11th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CNFR to report 3Q20 loss of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 90.93 million, while looking forward to loss of $ 0.36 per share bottom line.
Previous Quarter Performance
Conifer Holdings, Inc. reported loss for the second quarter of $ 0.04 per share, from the revenue of $ 21.76 million. The quarterly revenues down 7.91 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.06 per share from $ 21.52 million in revenue. The bottom line results beat street analysts by $ 0.02 or 33.33 percent, at the same time, top line results outshined analysts by $ 0.24 million or 1.12 percent.
Stock Performance
Shares of Conifer Holdings, Inc. traded low $ -0.08 or -2.93 percent on Tuesday, reaching $ 2.65 with volume of 0.30 thousand shares. Conifer Holdings, Inc. has traded high as $ 2.70 and has cracked $ 2.63 on the downward trend
The closing price of $ 2.65, representing a 36.50 % increase from the 52 week low of $ 2.00 and a 39.33 % decrease over the 52 week high of $ 4.50.
The company has a market capital of $ 25.44 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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.
