
Specialty insurance provider Fidelis Insurance (NYSE: FIHL) will be reporting earnings this Wednesday afternoon. Here’s what you need to know.
Fidelis Insurance missed analysts’ revenue expectations last quarter, reporting revenues of $651.9 million, down 5% year on year. It was a softer quarter for the company, with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ net premiums earned estimates.
Is Fidelis Insurance a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Fidelis Insurance’s revenue to grow 4.9% year on year, slowing from the 21.7% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fidelis Insurance has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Fidelis Insurance’s peers in the reinsurance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Reinsurance Group of America delivered year-on-year revenue growth of 23.6%, beating analysts’ expectations by 6.8%, and Hamilton Insurance Group reported revenues up 27.7%, topping estimates by 12.9%. Reinsurance Group of America traded up 9.4% following the results while Hamilton Insurance Group was also up 3.9%.
Read our full analysis of Reinsurance Group of America’s results here and Hamilton Insurance Group’s results here.
Investors in the reinsurance segment have had fairly steady hands going into earnings, with share prices down 1.7% on average over the last month. Fidelis Insurance is up 6.6% during the same time and is heading into earnings with an average analyst price target of $21.50 (compared to the current share price of $20.09).
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