International General Insurance Holdings Ltd. (IGIC) Q1 Earnings and Revenues Miss Estimates

Core Viewpoint - International General Insurance Holdings Ltd. (IGIC) reported quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of$ 0.47 per share, and down from $0.89 per share a year ago, indicating a -10.64% earnings surprise [1][2] Financial Performance - The company posted revenues of$ 129 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 4.80%, and down from $130.1 million year-over-year [2] - Over the last four quarters, IGIC has surpassed consensus EPS estimates only once [2] Stock Performance - IGIC shares have increased approximately 9.9% since the beginning of the year, contrasting with the S&P 500's decline of -3.9% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.66 on revenues of $133.8 million, and for the current fiscal year, it is$ 2.84 on revenues of $546.1 million [7] - The estimate revisions trend for IGIC is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Insurance - Multi line industry, to which IGIC belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]