Regency Alliance Insurance Plc presented its Q3 earnings forecast for the period ended 30th September, 2012 to the market today.
Proshare has reviewed the forecast against its believability index, relying on previous performances against forecast; to confirm the following:
That Regency Alliance Insurance Plc has a -25% chance of achieving or exceeding its PAT forecast and a 79% chance of delivering on its Gross Premium projections for the period in view.
This weights fall within the 'most believable' forecast range for quoted companies in the sector.
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