Shares of Conifer Holdings CNFR rose 44.0% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 900.00% year over year to ($0.40), which missed the estimate of ($0.14).
Revenue of $24,838,000 up by 14.16% year over year, which missed the estimate of $25,770,000.
Guidance
Conifer Holdings hasn't issued any earnings guidance for the time being.
Conifer Holdings hasn't issued any revenue guidance for the time being.
Technicals
Company's 52-week high was at $5.00
52-week low: $2.16
Price action over last quarter: Up 44.36%
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.
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