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Trisura Group Ltd (TSE:TSU)
TSX:TSU
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.73Last Year’s EPS
0.65Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 1.53%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlights Trisura Group's strong growth in primary lines, successful U.S. Surety expansion, and record book value per share. However, challenges such as a slight reduction in GPW and a higher combined ratio were noted. While the highlights indicate significant achievements, the lowlights reflect some areas of concern.Company Guidance
During Trisura Group Limited's First Quarter 2025 Earnings Conference Call, the company provided robust guidance across several metrics, reflecting its strong start to the fiscal year. The call highlighted a 28% growth in primary lines, with particular strength in Surety, which grew 38% as the company expanded its operations in the U.S. and enhanced its Canadian practice. Additionally, the portfolio of ongoing U.S. programs grew by 17%, and net insurance revenue increased by 13%. The combined ratio stood at 82.7%, indicating profitability across all segments. Trisura's book value per share grew by 24% to a record $17.16, and equity exceeded $819 million. Investment income rose 9% to $18.2 million, supported by a $1.6 billion investment-grade bond portfolio. The company expressed confidence in its ability to grow profitably through its conservative approach, maintaining a 10.7% debt-to-capital ratio, and emphasized its strategic focus on scaling U.S. infrastructure. Trisura anticipated premium growth and operating ROE exceeding 15% for 2025, with a goal of achieving $1 billion in book value by the end of 2027.Strong Growth in Primary Lines
Primary lines, including surety, corporate insurance, and warranty, grew 28%, with surety showing particular strength at 38% growth.
Record Book Value per Share
Book value per share grew 24% to a record $17.16, and equity exceeded $819 million, continuing a track record of capital generation.
U.S. Surety Expansion Success
The U.S. Surety platform expanded to 33 state licenses and Washington, D.C., contributing to profitability with a comparable combined ratio to the Canadian practice.
Net Insurance Revenue Increase
Net insurance revenue increased 13%, with a strong combined ratio of 82.7%, indicating profitability across all segments.
Investment Income Growth
Investment income rose 9% to $18.2 million, supported by higher reinvestment yields in the U.S.
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TSE:TSU 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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TSE:TSU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | C$37.84 | C$37.33 | -1.35% |
Feb 13, 2025 | C$33.71 | C$36.19 | +7.36% |
Nov 07, 2024 | C$43.42 | C$41.10 | -5.34% |
Aug 01, 2024 | C$44.60 | C$43.21 | -3.12% |
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 Trisura Group Ltd (TSE:TSU) report earnings?
Trisura Group Ltd (TSE:TSU) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Trisura Group Ltd (TSE:TSU) earnings time?
Trisura Group Ltd (TSE:TSU) 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 TSE:TSU EPS forecast?
TSE:TSU EPS forecast for the fiscal quarter 2025 (Q2) is 0.73.
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