The earnings call reflects a mixed performance with positive achievements in net income, book value growth, and shareholder engagement. However, these are counterbalanced by investment losses in the Solasglas fund, underperformance in the long portfolio, and adverse reserve developments.
Company Guidance
During the Greenlight Capital Re, Ltd. Second Quarter 2025 Earnings Conference Call, the company reported key financial metrics and guidance. They achieved a net income of $0.3 million for Q2 2025, bringing the year-to-date net income to $30 million. The fully diluted book value per share increased by 0.5% in the quarter and 5.7% for the first half of the year. The combined ratio for the quarter was 95.0%, resulting in $8.1 million of underwriting income. The Solasglas investment portfolio, however, experienced a 4% decline in Q2, impacting the year-to-date return to negative 1.2%. The company repurchased $5 million of its stock at an average price of $13.99 per share. Greenlight Re also observed a net favorable loss development of $0.9 million in the Open Market segment, while the Innovations segment's combined ratio increased to 107% due to adverse reserve development. The company remains focused on repositioning away from open market casualty lines to better risk-adjusted areas and is optimistic about its preparedness for the peak catastrophe season.
Net Income Achievement
Greenlight Re reported a net income of $0.3 million in Q2 2025, bringing the year-to-date net income to $30 million.
Book Value Growth
Fully diluted book value per share increased 0.5% in the quarter and 5.7% for the first half of the year.
Underwriting Income
The company reported a combined ratio of 95.0% for the quarter, translating to $8.1 million in underwriting income.
Positive Investor Engagement
All proposals at the Annual Shareholders Meeting passed by over 90%, indicating strong shareholder confidence.
Stock Repurchase
The company repurchased $5 million worth of stock at an average cost of $13.99 per share during the second quarter.
Greenlight Capital Re (GLRE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GLRE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 04, 2025
$12.83
$13.02
+1.48%
May 07, 2025
$13.44
$13.46
+0.15%
Mar 10, 2025
$13.70
$13.28
-3.07%
Nov 04, 2024
$13.56
$14.59
+7.60%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Greenlight Capital Re (GLRE) report earnings?
Greenlight Capital Re (GLRE) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).
What is Greenlight Capital Re (GLRE) earnings time?
Greenlight Capital Re (GLRE) earnings time is at Nov 05, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.