Greenlight Capital Re Full Year 2024 Earnings: EPS: US$1.26 (vs US$2.55 in FY 2023)

Greenlight Capital Re (NASDAQ:GLRE) Full Year 2024 Results

Key Financial Results

• Revenue: US$701.6m (up 7.1% from FY 2023).
• Net income: US$42.8m (down 51% from FY 2023).
• Profit margin: 6.1% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$1.26 (down from US$2.55 in FY 2023).

GLRE Profitability Indicators

• Combined ratio: 101.4% (up from 94.5% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Greenlight Capital Re shares are down 3.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Greenlight Capital Re that you should be aware of.

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