04:51 PM EDT, 08/14/2024 (MT Newswires) -- Fidelis Insurance ( FIHL ) reported Q2 operating earnings Wednesday of $0.54 per diluted share, down from $0.77 a year earlier.

Analysts polled by Capital IQ expected $0.69.

Revenue for the quarter ended June 30 was $540.1 million, up from $453.2 million a year earlier.

One analyst surveyed by Capital IQ expected $519.9 million.

The company declared a dividend of $0.10 per share, payable on Sept. 30 to shareholders on Sept. 16.

Fidelis also said its board has approved a new share repurchase program of $200 million.

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