05:42 PM EDT, 08/07/2024 (MT Newswires) -- Hamilton Insurance ( HG ) reported Q2 net income late Wednesday of $1.20 per diluted share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.70.

Revenue for the quarter ended June 30 was $587.9 million, up from $357.2 million a year earlier. Comparable analysts estimates were not available.

The company separately said that its board approved repurchase of $150 million of common shares.