Trean Insurance Group Third Quarter 2022 Earnings: EPS: US$0.15 (vs US$0.13 in 3Q 2021)

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Trean Insurance Group (NASDAQ:TIG) Third Quarter 2022 Results

Key financial results

  • Revenue: US$76.5 million (up 34% from Q3 2021).
  • Net income: $7.57 million (up 16% from Q3 2021).
  • Profit margin: 9.9% (down from 11% in Q3 2021). The margin decline was influenced by higher expenses.
  • EPS: US$0.15 (from US$0.13 in Q3 2021).
income-and-income growth
NasdaqGS: TIG Earnings and Revenue Growth Nov 5, 2022

All figures presented in the chart above are for the trailing 12 month period (TTM).

Trean Insurance Group Earnings Insights

Looking ahead, earnings are projected to grow an average of 7.4% annually over the next 3 years, compared to a 6.1% growth forecast for the US insurance industry.

The performance of American Insurance Industry.

The company’s shares are down 18% from a week ago.

Risk Analysis

Before taking the next step, you should know about 2 warning signs for Trean Insurance Group (1 is a little disturbing!) that we have discovered.

Valuation is complex, but we’re helping to make it simple.

Find out if Trean Insurance Group is potentially over- or under-estimated by checking our comprehensive analysis, which includes fair value estimates, risks and caveats, dividends, insider transactions and financial health.

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This article from Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your financial objectives or situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not include the latest price-sensitive company announcements or quality materials. Simply Wall St has no position in any of the stocks mentioned.

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