Earnings Alerts

Intact Financial (IFC) Earnings: 2Q Combined Ratio Misses Estimates, Net Operating EPS at C$4.86

  • Intact Financial posted an undiscounted combined ratio of 87.1% for Q2, missing the estimated ratio of 91%.
  • Net operating earnings per share (EPS) stood at C$4.86 for the quarter.
  • The book value per share was reported at C$88.00.
  • The operating direct premiums written reached C$6.66 billion.
  • Operating net investment income came in at C$387 million.
  • Analyst recommendations include 10 buys, 4 holds, and 1 sell.

A look at Intact Financial Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Intact Financial Corporation, a leading property and casualty insurer in Canada, seems to have a positive long-term outlook based on Smartkarma Smart Scores. With a decent overall score across various factors – Value, Dividend, Growth, Resilience, and Momentum – the company appears to be well-positioned in the market.

While some factors like Resilience could be improved, Intact Financial’s high Momentum score suggests strong potential for future growth. Investors may find the company’s stable business model appealing, as it focuses on providing insurance for homes, automobiles, and businesses in the Canadian market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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