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SiriusPoint Ltd beats EPS consensus and signs agreement with Riverstone to transfer loss-making portfolio

Earnings Whispers · ·by G4L

SPNT
SPNT SiriusPoint Ltd
$27.38 +3.67%
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  1. 1SiriusPoint Ltd's operating earnings per share of $0.88 exceeded the consensus of $0.61 per share.
  2. 2SiriusPoint Ltd's revenue of $867.6 million beat quarterly estimates by 10.5%.
  3. 3SiriusPoint Ltd signed an agreement with Riverstone to transfer a loss-making portfolio.

So what's the key point?

SiriusPoint Ltd earned more money than experts expected. The company also saw improved results after signing a deal to transfer assets that were losing money to another party.

Source Earnings Whispers · View original ↗

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