Kingstone Companies reports a Q1 2026 net loss of $5.8 million, or $0.40 per share, while maintaining full-year EPS targets.
Kingstone Companies reaffirmed its 2026 earnings per share guidance of $2.20 to $2.90 despite a challenging first quarter. The insurer posted a GAAP net combined ratio of 112% and a net loss of $5.8 million, or $0.40 per diluted share, for Q1 2026.
The company cited ongoing expansion efforts in California and Connecticut as key drivers for future growth. Prior quarter results and consensus estimates were not provided, but management emphasized confidence in meeting annual targets.
No immediate market reaction was disclosed in the earnings call summary.