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Update: Neptune Insurance Q3 Adjusted Earnings, Revenue Rise; CFO to Step Down

Update: Neptune Insurance Q3 Adjusted Earnings, Revenue Rise; CFO to Step Down

MT newswireMT newswire2026/10/20 21:42
05:42 PM EDT, 10/20/2026 (MT Newswires) -- (Updates with CFO change in the headline and final three paragraphs.) Neptune Insurance Holdings (NP) reported Q3 adjusted earnings late Tuesday of $0.17 per diluted share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.16. Revenue in the three months ended Sept. 30 rose to $59.6 million from $44.4 million a year earlier. Analysts expected $56.6 million. Neptune said in a regulatory filing that Jim Steiner will step down as chief financial officer following the filing of the company's annual report for the year ending Dec. 31. Steiner will remain chief operating officer of the Neptune Flood subsidiary and a member of Neptune's board. Cristian Melej, 49, will succeed Steiner as CFO. He has served as CFO of Hingham Institution for Savings (HIFS) since 2016 and has been a Neptune board member since April 2025.
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