Loading...
•
Dec 31, 2023
Tiptree Q4 2023 Earnings Report
Reported strong Q4 2023 results driven by growth in Fortegra's specialty insurance lines and an increase in revenues.
Key Takeaways
Tiptree Inc. reported a strong fourth quarter in 2023, with revenues increasing by 20.8% to $446.4 million and net income rising to $6.9 million. The growth was primarily driven by Fortegra's specialty insurance lines. The company's adjusted net income also increased by 43.1% to $13.9 million.
Revenues increased by 20.8% to $446.4 million, driven by growth in Fortegra’s specialty insurance lines.
Net income increased to $6.9 million, driven by growth in the insurance business.
Adjusted net income increased by 43.1% to $13.9 million, driven by growth in insurance operations.
A dividend of $0.06 per share was declared, representing a 20% increase.
Revenue by Segment
Forward Guidance
The company sees significant opportunities to expand its businesses and remains confident in its long-term outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...