NASDAQ$GLRE
Greenlight Capital Re Ltd · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a net loss with book value per share increase due to share repurchases.
Greenlight Capital Re reported a net loss of $0.1 million for the second quarter of 2020, compared to a net income of $15.3 million in the same quarter of the previous year. The fully diluted book value per share increased to $11.81, driven by share repurchases during the quarter. The company's underwriting operations experienced a loss, impacted by COVID-19 related losses, while investment income provided a positive contribution.
- Net loss of $0.1 million, or $0.00 per share, compared to net income of $15.3 million, or $0.42 per share, in Q2 2019.
- Fully diluted book value per share increased by 1.5% to $11.81, reflecting share repurchases.
- Gross written premiums decreased to $116.7 million due to the non-renewal of certain auto business.
- Net underwriting loss of $1.3 million, impacted by a $6.0 million loss related to the COVID-19 pandemic.
Headline financials
Revenue & EPS history
Greenlight Capital Re · Revenue · Quarterly
$115M
Forward guidance
Greenlight Re is well positioned to take advantage of broad pricing increases that we are seeing across multiple lines of business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.5%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.5%
Avg return
30 days after
40%
26 / 65 earnings
Positive
+21.6%
Q2 2019
Best reaction
-18.6%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.9% | +1.7% | -14.7% | |
| Q4 2025 | +5.4% | +9.9% | +32.3% | |
| Q3 2025 | -1.6% | +6.4% | +13.9% | |
| Q1 2025 | +0.2% | -1.0% | +7.1% | |
| Q4 2024 | -3.1% | -3.5% | -5.7% | |
| Q3 2024 | +8.1% | +9.3% | +11.1% | |
| Q2 2024 | -2.6% | +0.2% | +11.7% | |
| Q1 2024 | +3.5% | +3.4% | +0.1% | |
| Q4 2023 | +2.1% | -0.2% | +1.8% | |
| Q3 2023 | -4.4% | -4.1% | +0.0% | |
| Q2 2023 | +5.8% | +10.8% | +6.1% | |
| Q1 2023 | -1.1% | -5.3% | -0.8% | |
| Q4 2022 | +3.7% | -2.9% | -5.8% | |
| Q3 2022 | -9.4% | -5.2% | -5.8% | |
| Q2 2022 | +2.6% | +3.6% | +10.9% | |
| Q1 2022 | +5.6% | +0.1% | +8.8% | |
| Q4 2021 | -3.2% | -8.9% | -8.1% | |
| Q3 2021 | -1.5% | +2.7% | -7.2% | |
| Q2 2021 | -1.9% | +1.3% | -6.8% | |
| Q1 2021 | -2.7% | -4.9% | +0.8% | |
| Q4 2020 | +8.1% | +10.9% | +7.4% | |
| Q3 2020 | +0.5% | +12.1% | +12.0% | |
| Q2 2020 | +4.7% | +14.3% | +7.8% | |
| Q1 2020 | -0.8% | +8.4% | +20.9% | |
| Q4 2019 | -18.6% | -24.7% | -29.8% | |
| Q3 2019 | -1.4% | -2.0% | -6.7% | |
| Q2 2019 | +21.6% | +15.7% | +16.6% | |
| Q1 2019 | -11.3% | -13.6% | -17.3% | |
| Q4 2018 | -4.2% | -3.6% | -6.9% | |
| Q3 2018 | -3.3% | -4.2% | -14.6% | |
| Q2 2018 | +8.5% | -2.8% | -7.1% | |
| Q1 2018 | +0.0% | +0.3% | -7.7% | |
| Q4 2017 | -6.9% | -8.1% | -13.9% | |
| Q3 2017 | -2.4% | -3.1% | -0.2% | |
| Q2 2017 | +6.6% | +7.3% | +3.8% | |
| Q1 2017 | -3.7% | -6.9% | -5.8% | |
| Q4 2016 | -0.2% | -3.4% | -7.9% | |
| Q3 2016 | +2.5% | +13.8% | +16.0% | |
| Q2 2016 | -3.7% | -1.8% | +4.0% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +0.1% | — | — | |
| Q3 2015 | -6.8% | — | — | |
| Q2 2015 | -4.5% | — | — | |
| Q1 2015 | -0.4% | — | — | |
| Q4 2014 | -2.5% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | -2.1% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2013 | +3.7% | — | — | |
| Q1 2013 | +3.0% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q3 2012 | -5.5% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q1 2012 | +1.5% | — | — | |
| Q4 2009 | -6.6% | — | — | |
| Q3 2011 | -5.6% | — | — | |
| Q3 2010 | -5.6% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q4 2010 | +1.0% | — | — | |
| Q2 2011 | +1.0% | — | — | |
| Q1 2010 | -6.1% | — | — |
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