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Fidelis Insurance Holdings Ltd. (FIHL)
:FIHL
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.41Last Year’s EPS
0.74Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 13.21%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture for Fidelis Insurance Group. While the company achieved strong premium growth and increased investment income, significant challenges were highlighted, including adverse developments in the aviation segment and losses from natural disasters. The high combined ratio also reflects underlying profitability issues. Although there are positive signs in terms of growth and capital management, the negative aspects weigh heavily on the overall sentiment.Company Guidance
During the fourth quarter of 2024, Fidelis Insurance Group reported a combined ratio of 99.7%, operating net income of $137 million, and an operating return on average equity of 5.6%. The company experienced $287 million in net prior year development in its aviation and aerospace line due to the ongoing Russia-Ukraine conflict, impacting results. Excluding this adverse development, Fidelis would have exceeded its long-term return targets. Fidelis achieved gross premiums written growth of 23% to $4.4 billion, with an RPI of 111% for the year. The company returned $152 million to shareholders through dividends and share buybacks and reported net investment income of $191 million, a 59% increase from the previous year. Despite the impact of recent California wildfires, Fidelis maintains a strong capital position, supporting strategic growth and capital management initiatives.Strong Premium Growth
Fidelis Insurance Group reported a 23% growth in gross premiums written, totaling $4.4 billion for the year 2024. This was driven by the direct property, marine, and structured credit insurance portfolios, as well as the reinsurance book.
Investment Income Increase
Net investment income increased by 59% from 2023, reaching $191 million. This was attributed to an increase in investable assets and a higher earned yield on the fixed income portfolio and cash balances.
Capital Management and Shareholder Returns
Fidelis returned $152 million of excess capital to shareholders through dividends and share buyback programs, reflecting an active capital management strategy.
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FIHL Earnings History
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
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FIHL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $14.31 | $14.63 | +2.24% |
| Nov 12, 2024 | $18.24 | $19.70 | +8.00% |
| Aug 14, 2024 | $17.71 | $17.66 | -0.28% |
| May 09, 2024 | $18.86 | $18.05 | -4.29% |
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.
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FAQ
When does Fidelis Insurance Holdings Ltd. (FIHL) report earnings?
Fidelis Insurance Holdings Ltd. (FIHL) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Fidelis Insurance Holdings Ltd. (FIHL) earnings time?
Fidelis Insurance Holdings Ltd. (FIHL) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIHL EPS forecast?
FIHL EPS forecast for the fiscal quarter 2025 (Q1) is -0.41.
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