earnings
confidence high
sentiment positive
materiality 0.75
Tiptree Q2 net income more than doubles to $0.31 EPS; revenue up 35% YoY
TIPTREE INC.
2024-Q2 EPS reported
$0.54
revenue$1,044,894,000
- Q2 revenue $546.7M (+35% YoY); diluted EPS $0.31 (vs $0.16, +94%).
- Adjusted net income (Non-GAAP) $24.4M vs $17.6M, up 38% YoY.
- Fortegra subsidiary record first half: revenue +34%, adjusted net income +40%.
- Dividend declared $0.06/share, unchanged, payable Aug 26, record Aug 19.