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Enstar Group Ltd  (ESGR)
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Enstar Group Ltd

ESGR's Financial Statements and Analysis



Enstar Group Ltd reported in the second quarter of 2024 net earnings per share of $8.49 an increase by 533.58 % year on year from $1.34 and an improvement of 5.86 % from $8.02 realized in I. Quarter (Mar 31 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 8.49 $  236 Mill
$+7.15     +533.58 % $+82M     +53.25 %



Enstar Group Ltd's Revenue rose by 53.25 % in second quarter of 2024 (Jun 30 2024) year on year, to $236 million and declined by -5.6 % sequentially.


Enstar Group Ltd is

More on ESGR's Income Statement



Enstar Group Ltd 's net income of $136.000 million in the second quarter of 2024 increased by 248.72 % from net earnings of $39.000 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 6.25 % from net income of $128.000 million realized in previous quarter.

More on ESGR's Growth

Enstar Group Ltd Inventories
In Jun 30 2024 company's net cash and cash equivalents decreased by $-8 million


Enstar Group Ltd does not pay out common stock dividend.

In trailing twelve-month period Enstar Group Ltd payed $ -12.26 cash per share, on a free-cash flow basis .

Book value grew by 2.24 % sequentially to $396.05 per share, 136.28% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 396.05 per share from $ 387.36.

Company issued 0.01 million shares or 0.09 % in Jun 30 2024.
Interest Coverage Ratio was 8.86. Debt Coverage Ratio was 0.44.

More on ESGR's Dividends

 Market Capitalization (Millions) 4,777
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 1,832
 Revenue (TTM) (Millions $) 1,129
 Net Income (TTM) (Millions $) 924
 Cash Flow (TTM) (Millions $) -434
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,327




Enstar Group Ltd does not pay out common stock dividend.

In trailing twelve-month period Enstar Group Ltd had negative $ -12.26 cash flow per share, on a free-cash flow basis .

Book value grew by 2.24 % sequentially to $396.05 per share, 136.28% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 396.05 per share from $ 387.36.

Company issued 0.01 million shares or 0.09 % in Jun 30 2024.
Interest Coverage Ratio was 8.86. Debt Coverage Ratio was 0.44.

More on ESGR's Balance Sheets

 Market Capitalization (Millions) 4,777
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 1,832
 Revenue (TTM) (Millions $) 1,129
 Net Income (TTM) (Millions $) 924
 Cash Flow (TTM) (Millions $) -434
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,327
   


  News about Enstar Group Ltd Earnings

Enstar Group Ltd Announces Strategic Partnership With SiriusPoint Ltd, Reinsuring $400 Million Workers Compensation Portfolio

Enstar Group Limited, a prominent global insurance company, recently announced a significant development in its business strategy. One of its wholly-owned subsidiaries has entered into a partnership with a subsidiary of SiriusPoint Ltd. for a loss portfolio transfer. This agreement will involve reinsuring a substantial $400 million portfolio of Workers Compensation business, covering the underwriting years 2018 to 2023. This strategic move is a testament to Enstar's dedication to managing risk and solidifying its position in the insurance market.
When analyzing Enstar Group Ltd's financial performance, it becomes evident that the company has experienced impressive growth in recent times. In the fourth qu...

Enstar Group Ltd Surges Ahead with $238 Million Tax-Provisions Boost

Enstar Group Limited continues to impress investors with its impressive financial performance in the October to December 31, 2023 reporting season. The Property and Casualty Insurance company has shown significant growth in both earnings and revenue, outperforming its industry peers. With earnings per share increasing by a whopping 122.67% to $40.97 and revenue soaring by 161.957% to $482.00 million, Enstar Group Ltd has truly set itself apart in the market.
One of the key factors contributing to this success is the company's focus on improving sales, resulting in a net profit increase of 89.72% to $609.000 million in the financial fourth quarter of 2023. This growth is further supported by a significant...

Enstar Group Ltd Defies Market Volatility, Surges with Record-Breaking Profitability in Q3 2023

The stock market has always been a roller coaster ride for investors, with ups and downs that can leave even the most seasoned traders feeling uncertain. However, there are moments when a company's performance stands out and offers a glimmer of hope amidst the chaos. Enstar Group Ltd (Nasdaq: ESGR) is one such company that has caught the attention of investors with its recent positive financial results.
In the reporting period from July to September 30, 2023, Enstar Group Ltd saw a significant turnaround in its profitability. The company's earnings per share skyrocketed from $-26.10 per share in the same reporting season a year prior to a positive $2.43 per share. This remarkable improvement demonstrates...

Enstar Group Ltd's Property & Casualty Insurance Sees Positive Shift in Profits as of June 30th, 2023 Financial Interval Close

Shifting Our Awareness Towards Enstar Group Ltd's Financial Interval Closing Jun 30, 2023
Enstar Group Ltd, a Property and Casualty Insurance company, has made significant progress in its financial performance, with profits turning positive at $1.34 per share in the interval closing Jun 30, 2023. This is a stark contrast to the results of $-28.62 per share reported in the prior year's reporting period. Furthermore, the company achieved a bottom-line improvement, with a net profit of $39.000 million in the same interval compared to a net deficit of $-526.000 million a year ago.
One notable change in Enstar Group Ltd's financials is the decline in revenue by -75.633% from $632.00 million in the prior r...

Enstar Group Ltd Shatters Expectations with a Remarkable 309.908% Surge in Q1 2023 Revenue

Enstar Group Ltd: A Bold Step in the Financial Industry
Enstar Group Ltd recently announced its financial results for the first quarter of the 2023 earnings season, surprising both industry insiders and investors alike with an unprecedented increase in EPS and revenue. The company, which provides various insurance and reinsurance products globally, outperformed its records from the previous year by more than double.
In the current economic climate, businesses have faced significant challenges due to the pandemic and other external factors. The sudden adverse impact on supply chains, the drop in sales, and the reduction of operational efficiency have forced several companies to rethink their strategie...


Date modified: 2024-09-07T19:34:23+00:00





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