Safety Insurance Q3 2026 EPS Tops Estimates at $1.95, but Revenue Misses at $319.7M
Revenue of $319.7M vs. $533.8M expected and adjusted EPS of $1.95 vs. $1.25; revenue down 1.1% from a year earlier.
Safety Insurance (SAFT) posted mixed third-quarter 2026 results, with adjusted EPS above the estimate and revenue below it. Revenue was $319.7 million, down 1.1% from a year earlier, below the $533.8 million estimate, and adjusted EPS was $1.95, up 32% from a year earlier, above the $1.25 estimate.
Shares rose 0.0% in regular trading as of 1:26 p.m. ET, at $104.36.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $1.25 | $1.95 | Beat by 56% |
| Revenue | $533.8M | $319.7M | Miss by 40% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 32% | ▼ 3.9% |
| Revenue | ▼ 1.1% | ▼ 6.5% |
By our calculation, revenue was $214.1 million below the estimate and adjusted EPS was $0.70 above it. The QoQ column compares with the previous quarter's revenue of $341.8 million and adjusted EPS of $2.03. The YoY column compares with $323.2 million and $1.48 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 0 of the last 4 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $323.2 million, $299.6 million, $299.8 million, $341.8 million and $319.7 million.
What to watch
- Next report. Safety Insurance is next expected to report on Feb. 24, 2027.
- Revenue growth. Whether revenue stabilizes after this quarter's 1.1% decline from a year earlier to $319.7 million.
- Estimate record. Whether Safety Insurance extends a record of beating EPS estimates in 4 of its last 8 reports.
- Related coverage. See our reports on IQM Quantum Computers Oyj, White Mountains Insurance, Northwestern Energy and Carlyle.
Sources: Results are from Safety Insurance's Nov. 4, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Safety Insurance's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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