Aspen Insurance Holdings Limited (AHL) Posts Quarterly Earnings, Beats Expectations By $0.18 EPS
Aspen Insurance Holdings Limited (NYSE:AHL) issued its quarterly earnings data on Wednesday. The company reported $1.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.22 by $0.18, Analyst RN reports. The company had revenue of $616.20 million for the quarter, compared to the consensus estimate of $613.60 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis.
AHL has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Aspen Insurance Holdings Limited in a research note on Thursday, July 17th. They now have a $44.00 price target on the stock, down previously from $47.00. 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.
Aspen Insurance Holdings Limited (NYSE:AHL) traded up 0.67% on Wednesday, hitting $43.66. 591,402 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 has a 50-day moving average of $45.41 and a 200-day moving average of $42.17. The company has a market cap of $2.857 billion and a P/E ratio of 9.37.
Aspen Insurance Holdings Limited (NYSE:AHL) is a holding company.
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