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).
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.
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.
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