American Coastal (ACIC) Q2 EPS Jumps 36%

American Coastal Insurance (NASDAQ:ACIC), a specialist in Florida commercial residential insurance, reported its second quarter 2025 financial results on August 6, 2025. The company posted diluted earnings per share of $0.53 in Q2 2025, exceeding consensus estimates of $0.38 non-GAAP and representing a 35.9% increase from the prior year period. However, GAAP revenue in Q2 2025 was $86.5 million, below expectations of $243.2 million (GAAP), reflecting shifts in reinsurance strategy rather than a decline in underlying business. Overall, the quarter demonstrated robust profitability and margin improvement, although some cost pressures emerged. Source: Analyst estimates for the quarter provided by FactSet. American Coastal Insurance is an insurer focused on providing coverage for condominiums, homeowner associations, and apartments in Florida. Its primary business centers on underwriting policies designed to protect commercial residential properties, a market where risk from hurricanes and catastrophic weather is high and careful risk management is vital.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool