11:38 AM EDT, 05/03/2024 (MT Newswires) -- Trisura ( TRRSF ) reported Q1/24 operating EPS of $0.68 vs. $0.57 in Q1/23, slightly ahead of RBC's $0.65 estimate and $0.66 consensus estimate. The modest upside was in both the Canada and U.S. segments.

The Canadian unit delivered an impressive result in the quarter across the board with net written premium growth up more than

30% in the quarter., writes RBC. Net written premium growth exceeded expectations in the U.S. segment, although earned premiums were a bit shy of RBC's forecast.

Trisura ( TRRSF ) is rated Outperform, with a $44 target at RBC.

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