Argo Group (ARGO) Set to Announce Earnings on Monday

Argo Group (NASDAQ:ARGO) is scheduled to be releasing its earnings data after the market closes on Monday, November 5th. Analysts expect Argo Group to post earnings of $0.69 per share for the quarter.

Argo Group (NASDAQ:ARGO) last announced its quarterly earnings data on Monday, August 6th. The company reported $0.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.04. The business had revenue of $452.80 million during the quarter, compared to analysts’ expectations of $459.45 million.

Shares of ARGO opened at $60.89 on Monday. Argo Group has a fifty-two week low of $50.53 and a fifty-two week high of $65.90.



In other news, Director Thomas A. Bradley purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, August 14th. The shares were purchased at an average price of $61.72 per share, for a total transaction of $123,440.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jay Stanley Bullock sold 12,323 shares of the stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of $63.43, for a total transaction of $781,647.89. The disclosure for this sale can be found here. In the last quarter, insiders have sold 54,880 shares of company stock worth $3,439,177.

A number of brokerages have weighed in on ARGO. Boenning Scattergood set a $72.00 price objective on shares of Argo Group and gave the stock an “outperform” rating in a report on Tuesday, October 2nd. Keefe, Bruyette & Woods upped their price objective on shares of Argo Group to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, August 7th. Raymond James cut their price objective on shares of Argo Group from $72.00 to $70.00 and set a “strong-buy” rating on the stock in a report on Friday, October 19th. Finally, Zacks Investment Research cut shares of Argo Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 10th.

About Argo Group

Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance. The company operates through following segments: Property, Liability, Professional and Specialty. The Property segment includes both property insurance and reinsurance products. The Liability segment includes a broad range of primary and excess casualty products.

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Earnings History for Argo Group (NASDAQ:ARGO)

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