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Aspen Insurance Holdings Limited (NYSE:AHL) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.30-1.35 for the period, compared to the Thomson Reuters consensus estimate of $1.19, AnalystRatings.Net reports.

Aspen Insurance Holdings Limited (NYSE:AHL) traded down 1.02% during mid-day trading on Thursday, hitting $44.84. 393,698 shares of the company’s stock traded hands. Aspen Insurance Holdings Limited has a 52 week low of $34.81 and a 52 week high of $47.16. The stock’s 50-day moving average is $45.84 and its 200-day moving average is $41.97. The company has a market cap of $2.934 billion and a P/E ratio of 9.78.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its earnings results on Wednesday, April 23rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.51. The company had revenue of $855.00 million for the quarter, compared to the consensus estimate of $590.85 million. During the same quarter in the previous year, the company posted $1.15 earnings per share. On average, analysts predict that Aspen Insurance Holdings Limited will post $4.29 earnings per share for the current fiscal year.

AHL has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Aspen Insurance Holdings Limited from an outperform rating to a neutral rating in a research note on Tuesday, June 24th. They now have a $50.40 price target on the stock. On a related note, analysts at Deutsche Bank reiterated a hold rating on shares of Aspen Insurance Holdings Limited in a research note on Thursday, April 17th. They now have a $45.00 price target on the stock. Finally, analysts at Barclays upgraded shares of Aspen Insurance Holdings Limited from an underweight rating to an equal weight rating in a research note on Monday, April 14th. They now have a $47.00 price target on the stock, up previously from $36.00.

Aspen Insurance Holdings Limited (NYSE:AHL) is a holding company.

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