Education
About Us
Working with TipRanks
Follow Us
SiriusPoint (SPNT)
NYSE:SPNT
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.6Last Year’s EPS
0.57Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 5.28%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
SiriusPoint's first quarter of 2025 demonstrated strong premium growth, resilient underwriting profits despite significant losses from California wildfires, and favorable recognition from rating agencies. However, challenges like wildfire losses, decreased investment income, and global uncertainties present areas of concern.Company Guidance
During SiriusPoint's First Quarter 2025 Earnings Conference Call, the company reported a successful start to the year, achieving its 10th consecutive quarter of underwriting profit despite significant losses from the California wildfires. The company demonstrated strong performance with a combined ratio of 95.4% and a return-on-equity of 12.9%, well within its target range of 12% to 15%. Gross written premiums grew by 12% year-over-year, with net written premiums increasing by 20%, marking the fourth consecutive quarter of double-digit growth. The company also reported $34 million in favorable prior year development and a net investment income of $71 million for the quarter. The call highlighted SiriusPoint's strategic focus on maintaining underwriting discipline, leveraging its MGA distribution strategy, and investing in data capabilities to drive growth and profitability. Additionally, the company completed a $753 million shareholder repurchase agreement and received positive outlook revisions from Fitch and AM Best, underscoring its strong financial position and ongoing transformation into a best-in-class specialty underwriter.Strong Start to Fiscal Year 2025
SiriusPoint reported a return-on-equity of 12.9%, which is within their target range of 12% to 15%, and achieved double-digit growth in both gross written premiums (12%) and net written premiums (20%) year-over-year.
Underwriting Profit Despite Catastrophe Losses
The company delivered its 10th consecutive quarter of underwriting profit despite a $59 million loss from California wildfires, maintaining a combined ratio of 95.4% for its core business.
Favorable Prior Year Development
SiriusPoint reported $34 million of favorable prior year development, marking the 16th consecutive quarter of such development, highlighting their prudent approach to reserving.
Investment Income and Shareholder Returns
Net investment income was $71 million, and the company completed a $753 million shareholder repurchase agreement, further repurchasing and retiring 0.5 million shares.
Recognition by Rating Agencies
Fitch and AM Best revised SiriusPoint's outlook from stable to positive, affirming their ratings and recognizing the company's financial improvements.
SPNT 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
SPNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $18.18 | $19.54 | +7.48% |
Feb 18, 2025 | $14.02 | $14.01 | -0.07% |
Oct 31, 2024 | $13.14 | $13.35 | +1.60% |
Aug 01, 2024 | $14.29 | $14.60 | +2.17% |
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.
FAQ
When does SiriusPoint (SPNT) report earnings?
SiriusPoint (SPNT) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is SiriusPoint (SPNT) earnings time?
SiriusPoint (SPNT) earnings time is at Jul 31, 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 SPNT EPS forecast?
SPNT EPS forecast for the fiscal quarter 2025 (Q2) is 0.6.