ProAssurance (PRA) delivered earnings and revenue surprises of 328.57% and 12.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
BIRMINGHAM, Ala., August 08, 2022--ProAssurance Reports Results for 2022 Q2
ProAssurance (PRA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.