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Global Indemnity Plc (GBLI)
NYSE:GBLI
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.9Last Year’s EPS
0.35Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 3.48%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call revealed a mixed performance with strong growth in core business and InsurTech segments, but was overshadowed by significant losses from California wildfires, resulting in a net loss and decreased book value per share. While the company maintains a positive outlook on future premium growth, elevated expenses remain a concern.Company Guidance
During the Global Indemnity Group's first quarter 2025 earnings call, several key metrics were highlighted. The company reported a net loss of $4 million, primarily due to $15.6 million in pre-tax losses from the California wildfires, which equated to a $12.2 million after-tax impact. Excluding these wildfire losses, net income would have been $8.2 million, down from $11.4 million in the same period last year. The combined ratio, excluding wildfire impacts, was 94.8%, slightly better than the previous year's 94.9%. The company's book value per share decreased from $49.98 at year-end to $47.85 by March 31, driven by comprehensive losses, dividends, and stock compensation. Investment income rose by 2% to $14.8 million, with a current book yield of 4.5% on the fixed income portfolio. Gross written premiums grew by 6% to $98.7 million, with a 16% increase when excluding terminated products. The company aims for a long-term expense ratio of 37%, although it currently stands at 40% due to strategic investments in Project Manifest and staff expansion. Despite the setbacks, the outlook for 2025 remains positive, with expectations for at least 10% premium growth and improved underwriting performance for the remainder of the year.Core Business Growth
Underlying core growth, excluding terminated products, was 16% in the first quarter, showing strong performance in the core business areas.
Investment Income Increase
Investment income increased by 2% to $14.8 million from a year ago, with cash flows and bond maturities reinvested at an average yield of 4.86%.
InsurTech Segment Growth
The InsurTech segment grew 20% to $15 million in 2025 compared to $12.5 million in 2024, driven by Vacant Express and Collectibles.
Positive Outlook for Premium Growth
Despite challenges, the company expects premium growth of at least 10% for 2025, with improvements in underwriting performance anticipated.
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GBLI 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
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GBLI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $29.00 | $27.67 | -4.59% |
Mar 11, 2025 | $34.70 | $35.90 | +3.46% |
Nov 07, 2024 | $33.84 | $33.94 | +0.30% |
Aug 07, 2024 | $30.68 | $31.24 | +1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Global Indemnity Plc (GBLI) report earnings?
Global Indemnity Plc (GBLI) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Global Indemnity Plc (GBLI) earnings time?
Global Indemnity Plc (GBLI) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GBLI EPS forecast?
GBLI EPS forecast for the fiscal quarter 2025 (Q2) is 0.9.
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