earnings
confidence high
sentiment negative
materiality 0.75
James River Q1 2026 net loss $0.23/share vs prior year profit; adjusted net operating income $0.12
James River Group Holdings, Inc.
2026-Q1 EPS
reported -$0.23
vs consensus $0.28
▼ miss
(-182.3%)
- Net loss from continuing ops of $10.7M ($0.23 loss per share) vs income of $9.0M ($0.18 EPS) in Q1 2025.
- Adjusted net operating income fell to $5.8M ($0.12/share) from $9.1M ($0.19/share).
- E&S segment gross written premium $212.3M, flat vs $213.2M; combined ratio worsened to 104.6% from 99.5%.
- Results impacted by $6.7M of reinsurance reinstatement premiums from one E&S claim.
- Board declared cash dividend of $0.01/share, payable June 30, 2026 to holders of record June 8, 2026.