ProAssurance: Q1 Earnings Insights - ProAssurance (NYSE:PRA)

ProAssurance PRA reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

ProAssurance missed estimated earnings by 178.95%, reporting an EPS of $-0.15 versus an estimate of $0.19.

Revenue was down $25.92 million from the same period last year.

Last quarter the company missed on EPS by $0.07 which was followed by a 4.68% increase in the share price the next day.

Here's a look at ProAssurance's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.13	0.20	0.12	0.18
EPS Actual	0.06	-0.06	0.30	0.14
Revenue Estimate	224.87M	307.41M	240.63M	314.84M
Revenue Actual	258.24M	258.36M	247.27M	265.71M

To track all earnings releases for ProAssurance visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.