American Coastal Q3 Adj. EPS $0.42 Misses $0.47 Estimate, Sales $70.704M Down From $90.395M YoY

American Coastal (NASDAQ:ACIC) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.47 by 10.64 percent. This is a 31.15 percent decrease over earnings of $0.61 per share from the same period last year. The company reported $70.704 million in sales this quarter. This is a 21.78 percent decrease over sales of $90.395 million the same period last year.