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Update: Kinsale Capital Shares Jump After Higher Q2 Results
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Update: Kinsale Capital Shares Jump After Higher Q2 Results
Jul 26, 2024 9:48 AM

12:02 PM EDT, 07/26/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.)

Kinsale Capital Group ( KNSL ) shares rose more than 12% in recent Friday trading after the company reported Q2 operating earnings late Thursday of $3.75 per diluted share, up from $2.88 a year earlier.

Analysts polled by Capital IQ expected GAAP EPS of $3.97.

Revenue for the quarter ended June 30 was $384.6 million, up from $295.8 million a year earlier.

Analysts surveyed by Capital IQ expected $373.8 million.

Price: 423.00, Change: +45.75, Percent Change: +12.13

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