Greenlight Capital Re (NASDAQ:GLRE) Full Year 2024 Results
Key Financial Results
- Revenue: US$701.6m (up 7.1% from FY 2023).
- Net income: US$42.8m (down 51% from FY 2023).
- Profit margin: 6.1% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: US$1.26 (down from US$2.55 in FY 2023).
GLRE Profitability Indicators
- Combined ratio: 101.4% (up from 94.5% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Greenlight Capital Re shares are down 3.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Greenlight Capital Re that you should be aware of.
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