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Lancashire Holdings Ltd (GB:LRE)
LSE:LRE
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
13.89Last Year’s EPS
58.33Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -3.14%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed outlook. While Lancashire achieved strong financial performance in 2024 with record ROE and premium growth, the impact of significant loss events like the California wildfires and anticipated rate softening pose challenges for 2025. The company's ability to return capital to shareholders and expand geographically highlights resilience, but the loss environment and competitive pressures weigh on future prospects.Company Guidance
During the Lancashire Full Year 2024 Earnings Conference Call, key guidance metrics were highlighted. The company reported a strong return on equity (ROE) of 23.4% for 2024, despite facing significant industry losses, and projected an ROE in the mid-teens for 2025, considering similar loss levels as in 2024 plus an estimated $145 million to $165 million impact from the California wildfires. Premiums grew by 11.3%, surpassing their guidance of approximately 10%, and the combined ratio was 80% on a discounted basis and 89.1% on an undiscounted basis. The investment portfolio generated a return of 5%, while the diluted book value per share increased by 23.4%. The company returned $354 million to shareholders through dividends and retained a healthy balance sheet with a solvency ratio of around 250% after accounting for the California wildfire loss. Looking ahead, Lancashire anticipates low single-digit growth in gross written premiums for 2025, with a focus on specialty reinsurance lines and the U.S. platform, while maintaining underwriting discipline amidst a dynamic external environment.Record Return on Equity (ROE)
Lancashire delivered an impressive ROE of 23.4% for 2024, showcasing the effectiveness of their growth and diversification strategy.
Premium Growth
The company achieved an 11% growth in premiums for 2024, exceeding their guidance of 10%, and has more than tripled premiums since 2017.
Strong Underwriting Performance
Lancashire's combined ratio was 80% on a discounted basis and 89.1% on an undiscounted basis, reflecting strong underwriting results despite significant weather and large risk losses.
Capital Returns to Shareholders
Lancashire returned $354 million to shareholders in 2024 and declared a special dividend of $0.25 per share.
Investment Returns
The investment portfolio generated a return of 5%, driven by high yields and strong performance of risk assets.
Geographic Expansion
Lancashire successfully launched a U.S. platform, contributing to year-on-year growth and positioning for future expansion.
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GB:LRE 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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GB:LRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | 600.84p | 567.94p | -5.48% |
| Aug 08, 2024 | 524.07p | 514.46p | -1.83% |
| Mar 06, 2024 | 540.50p | 539.29p | -0.22% |
| Nov 02, 2023 | 438.21p | 447.67p | +2.16% |
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 Lancashire Holdings Ltd (GB:LRE) report earnings?
Lancashire Holdings Ltd (GB:LRE) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Lancashire Holdings Ltd (GB:LRE) earnings time?
Lancashire Holdings Ltd (GB:LRE) earnings time is at Aug 06, 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 the P/E ratio of Lancashire Holdings Ltd stock?
The P/E ratio of Lancashire Holdings is N/A.
What is GB:LRE EPS forecast?
GB:LRE EPS forecast for the fiscal quarter 2025 (Q2) is 13.89.
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