Insurance

Trean Insurance Group Q3 2022 Results: EPS: $0.15 (vs. $0.13 in Q3 2021)

Trean Insurance Group (NASDAQ: TIG) Third quarter 2022 results

Main financial results

  • Revenue: $76.5 million (up 34% compared to Q3 2021).
  • Net income: $7.57 million (up 16% compared to Q3 2021).
  • Profit margin: 9.9% (compared to 11% in the 3rd quarter of 2021). The lower margin was driven by higher expenses.
  • EPS: 0.15 USD (compared to 0.13 USD in the 3rd quarter of 2021).
NasdaqGS: TIG Earnings and Revenue Growth November 5, 2022

All figures shown in the table above are for the 12 month period (TTM)

Trean Insurance Group Profit Overview

Going forward, revenue is expected to grow 7.4% per year on average over the next 3 years, compared to a growth forecast of 6.1% for the US insurance industry.

Performance of the American insurance industry.

Shares of the company are down 18% from a week ago.

Risk analysis

Before proceeding to the next step, you must know the 2 warning signs for Trean Insurance Group (1 is a little worrying!) that we discovered.

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Find out if Trean Insurance Group is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

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