05:53 AM EST, 03/07/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Hamilton Insurance Group's ( HG ) shares jumped 9.3% in premarket activity Thursday after the company swung into the black in Q4.

The company reported late Wednesday Q4 net income of $1.15 per diluted share, compared with a $0.57 loss a year earlier.

Analysts polled by Capital IQ expected $1.12.

Revenue for the quarter ended Dec. 31 was $495.2 million, up from $252.6 million a year earlier.

Analysts expected $373 million.

Price: 15.81, Change: +1.35, Percent Change: +9.34