Kinsale Capital (KNSL) Plunges 18.62% on Mixed Earnings, Catastrophe Losses

Generated by AI AgentAinvest Movers Radar
Friday, Apr 25, 2025 6:43 pm ET1min read

Kinsale Capital (KNSL) experienced a significant decline, with its share price falling to its lowest level since January 2025, marking an intraday drop of 18.62%.

Kinsale Capital Group (KNSL) faced a notable stock price movement in late April 2025 due to several factors. The company reported first-quarter 2025 earnings that exceeded estimates, with net operating earnings of $3.71 per share, surpassing the Zacks Consensus Estimate by 17.8%. However, the company's diluted earnings per share decreased by 9.7% to $3.83, impacted by $17.8 million in after-tax catastrophe losses. These mixed financial results, combined with the negative impact of unexpected losses, contributed to the observed changes in Kinsale Capital's stock price.

Additionally,

experienced a significant stock price drop of over 11% before market opening due to a surprise miss in quarterly revenue and disaster-related losses. These factors collectively influenced the company's stock performance, leading to the observed decline in its share price.

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