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American Coastal Insurance (ACIC) Tops Q3 Earnings and Revenue Estimates

American Coastal Insurance (ACIC) came out with quarterly earnings of 0.61pershare,beatingtheZacksConsensusEstimateof0.61 per share, beating the Zacks Consensus Estimate of 0.39 per share. This compares to earnings of 0.54pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+56.410.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +56.41%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of 0.38 per share when it actually produced earnings of $0.54, delivering a surprise of +42. ...