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Conifer Holdings: Q4 Earnings Insights


Benzinga | Feb 23, 2021 04:10PM EST

Conifer Holdings: Q4 Earnings Insights

Shares of Conifer Holdings (NASDAQ:CNFR) were unchanged after the company reported Q4 results.

Quarterly Results

Earnings per share were up 25.71% over the past year to ($0.26), which missed the estimate of ($0.03).

Revenue of $23,101,000 declined by 0.76% from the same period last year, which beat the estimate of $22,660,000.

Outlook

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

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $5.00

Company's 52-week low was at $2.00

Price action over last quarter: Up 36.07%

Company Description

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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