United Insurance Holdings Corp expected to post a loss of 28 cents a share - Earnings Preview

American Coastal Insurance

01/11/2021 23:02

* United Insurance Holdings Corp  UIHC.OQ   UIHC.O  is expected
to show a fall in quarterly revenue when it reports  results on
November 3 (estimated). 
* The Saint Petersburg, Florida-based company is expected to
report  a 9.7% decrease in revenue to $170.374 million from
$188.74 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for United Insurance
Holdings Corp is for a loss of 28 cents per share. For the same
quarter last year, the company reported a loss of $1.95 per
share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for United
Insurance Holdings Corp is $3.5​, about 18% below​ its last
closing price of $4.13. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.28       -0.17      -0.57     Missed  -230.4
 Mar. 312021   -0.57       -0.57      -0.45     Beat    20.7
 Dec. 312020   -1.30       -1.29      -1.35     Missed  -4.4​
 Sep. 302020   -1.90       -1.90      -1.95     Missed  -2.6
 ​​Jun.        0.02        0.02       0.20      Beat    788.9
 302020                                                 
 Mar. 312020   0.26        0.26       0.21      Missed  -19.2​
 Dec. 312019   0.30        0.31       -0.36     Missed  -217.1
 Sep. 302019   -0.61       -0.61      -0.68     Missed  -11.1
 This summary was machine generated November 1 at 23:01 GMT.  All
figures in US dollars unless otherwise stated