EarningsQ2 2026 Earnings Report
DE:0UI Q2 2026 EPS Results
Actual EPS€0.29
Consensus EPS€0.37
Beat/MissMissed by -€0.08
One Year Ago EPS€0.48
DE:0UI Q2 2026 Revenue Results
Actual Revenue€73.54M
Expected Revenue€172.84M
Beat/MissMissed by -€99.29M
YoY Revenue Growth-4.48%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:0UI Upcoming Earnings
American Coastal Insurance's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:0UI Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: the company remains profitable with healthy underlying underwriting metrics (68.7% underlying combined ratio), strong quarterly net income ($21.9M) and a high ROE (26.6%), improved book value and an active capital return program. However, soft market dynamics are pressuring premiums (GWP down ~5%), reported combined ratio widened to 74.3% (up 13.7 points), core income declined, revenue guidance was trimmed, and certain strategic growth initiatives (E&S cadence and multifamily) are behind expectations or constrained by rating/fronter issues. Management has taken proactive steps (reinsurance retention buy-down, buybacks, planned debt reduction) to preserve earnings quality and capital returns, but near-term top-line and margin pressures persist.Company Guidance
Positive Net Income and Core Earnings
Reported net income of $21.9 million for Q2 2026; core income of $16.5 million, demonstrating ongoing profitability despite a soft market (core income decreased $10.3 million year-over-year).
Strong Underlying Underwriting Metrics
Non-GAAP underlying combined ratio (excl. current-year catastrophes and prior-year development) of 68.7%, and reported quarterly return on equity of 26.6% — management described these as very respectable levels.
Balance Sheet and Book Value Improvement
Stockholders' equity increased $23.2 million (7.3%) to $340.8 million; book value per share rose to $7.21, a 10.7% increase from year-end 2025; cash and investments increased by $2.3 million.
Active Capital Return and Buybacks
Repurchased nearly 1.4 million shares in Q2 and just over 1.8 million YTD; Board increased share repurchase authority to approximately $30.6 million and management plans to cancel repurchased shares.
Reinsurance Optimization to Reduce Hurricane Exposure
First-event hurricane retention reduced from $49.0 million to $23.5 million (effective Aug 1), lowering potential hurricane losses and enhancing earnings reliability; management expects the company to remain profitable even with three full retentions.
Maintained Earnings Guidance
Full-year earnings guidance unchanged at $85 million to $100 million (inclusive of expected catastrophe losses) despite softer pricing and reduced premium trajectory.
Maintaining or Growing Market Presence
Policies in force and total insured value were both up roughly 3%–4% year-over-year as of June 30, 2026; account retention improved to about 85% in Q2.
Strategic Debt Reduction Plan
Plan to reduce long-term debt from $150 million to $75 million to target a debt-to-capital ratio of ~20% or less; management expects to refinance within 6–12 months and has cash capacity to support reduction.
E&S Venture Contribution (meaningful incremental revenue)
E&S venture with ACES co-participation expected to contribute meaningful revenue; management expects roughly $60 million–$70 million in the first 12 months (calendar-year estimate nearer $50 million).
DE:0UI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed