American Coastal Insurance Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 286.54 million compared to USD 269.79 million a year ago. Net income was USD 309.91 million compared to net loss of USD 469.86 million a year ago.

Basic earnings per share from continuing operations was USD 1.89 compared to basic loss per share from continuing operations of USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 1.85 compared to diluted loss per share from continuing operations of USD 0.93 a year ago. Basic earnings per share was USD 7.11 compared to basic loss per share of USD 10.91 a year ago.

Diluted earnings per share was USD 6.98 compared to diluted loss per share of USD 10.91 a year ago.