earnings
confidence high
sentiment positive
materiality 0.70
Tiptree Q4 net income $6.9M vs $0.9M prior year; declares $0.06 dividend
TIPTREE INC.
2023-FY EPS reported
$0.33
revenue$1,649,031,000
- Q4 revenues $446.4M (+21% YoY); full-year revenues $1.65B (+18%).
- Q4 diluted EPS $0.15 (vs $0.02); full-year EPS $0.33 (vs -$0.23).
- Adjusted net income Q4 $13.9M (vs $9.7M); full-year $61.9M (vs $53.0M).
- Fortegra achieved 21% premium growth and 29% adjusted ROE.
- Board declared $0.06 quarterly dividend (up from $0.05), payable March 18, 2024.