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Trisura Group Ltd (TRRSF)
OTHER OTC:TRRSF
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.58Last Year’s EPS
0.51Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive outlook: strong profitability (17% operating ROE), solid premium and revenue growth across core segments, double‑digit book value expansion, notable successes in Surety (36% growth, U.S. top‑30 ranking), Warranty (17% growth) and a conservative, opportunity‑ready investment posture. Challenges were acknowledged—quarterly combined ratio was higher versus a strong 2024 comparator, underwriting income was down vs prior year quarter, Canadian fronting remains soft and Surety growth is expected to normalize—but these issues are presented as manageable within a well‑capitalized platform with disciplined underwriting and strategic focus. Overall, highlights outweigh the lowlights.Company Guidance
Strong Profitability and Operating Returns
Operating return on equity of 17% (exceeding mid‑teens target); operating EPS of $0.75 for the quarter and $2.85 for the full year; operating net income of $36.5 million for the quarter.
Disciplined Combined Ratio
Combined ratio of ~85% for the quarter and 84.9% for the full year, supporting the company's mid‑teens ROE objective and demonstrating underwriting discipline.
Material Book Value Growth
Book value per share grew 18% year‑over‑year to $19.42 at Dec 31, 2025; book value exceeded $920 million and has grown at a 5‑year average of 26%, with a target of $1 billion by end of 2027.
Premium and Revenue Growth
Gross premiums written of $786 million in the quarter, up 10% year‑over‑year; net insurance revenue (approx. net premiums earned) of $200 million for the quarter, up 11.8% YoY; Primary lines net insurance revenue grew ~20% in 2025.
Segment Standouts — Surety, Warranty, Corporate
Surety premium growth of 36% (noted as a standout) with U.S. expansion (ranked among top 30 U.S. Surety writers by Q3); Warranty grew 17% driven by deeper partner relationships; Corporate Insurance delivered a strong 31% loss ratio, indicating profitable underwriting.
U.S. Programs Momentum
U.S. programs grew 17% in the quarter (4% for the year) with an 81% combined ratio, benefiting from strong portfolio performance, MGA growth and improving reinsurance capacity.
Investment Income and Conservative Positioning
Investment interest and dividend income of approximately $83 million for 2025 (up ~18%); net investment income for the quarter was $21.5 million (up 25% in the quarter); portfolio described as conservatively positioned with dry powder to exploit market dislocations.
Strong Capital Position and Leverage Discipline
Debt‑to‑capital ratio increased to 12.7% after drawing the revolver to support U.S. Surety but remains well under the conservative 25% leverage target; management states capital at highest level in company history and self‑funding posture for strategic initiatives.
TRRSF 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
TRRSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 06, 2025 | $26.26 | $26.91 | +2.48% |
Nov 06, 2025 | $26.26 | $26.91 | +2.48% |
Aug 07, 2025 | $29.97 | $30.65 | +2.27% |
May 01, 2025 | $27.41 | $27.09 | -1.17% |
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 Trisura Group Ltd (TRRSF) report earnings?
Trisura Group Ltd (TRRSF) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is Trisura Group Ltd (TRRSF) earnings time?
Trisura Group Ltd (TRRSF) earnings time is at Apr 30, 2026, TBA (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 TRRSF EPS forecast?
TRRSF EPS forecast for the fiscal quarter 2026 (Q1) is 0.58.