Conifer Holdings: Q1 Earnings Insights

Conifer Holdings CNFR reported Q1 results after the close.

Quarterly Results

Earnings per share increased 44% over the past year to ($0.28), which missed the estimate of ($0.10).

Revenue of $22,017,000 up by 1.52% from the same period last year, which beat the estimate of $21,550,000.

Outlook

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

Details Of The Call

Date: May 14, 2020

Time: 07:08 PM ET

Webcast URL: https://78449.choruscall.com/dataconf/productusers/cnfr/mediaframe/37827/indexr.html

Price Action

52-week high: $4.60

52-week low: $2.00

Price action over last quarter: down 7.69%

Company Profile

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.