United Insurance Holdings Corp reports results for the quarter ended in March - Earnings Summary

American Coastal Insurance

10/05/2022 20:10

* United Insurance Holdings Corp  UIHC.OQ  reported a
quarterly
adjusted loss of 68 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for earnings of 8 cents per share.
    * Revenue fell 30.9% to $100.86 million from a year ago; 
analysts
expected $153.31 million. 
    * United Insurance Holdings Corp's reported EPS for the
quarter
was a loss of 77 cents​.
    * The mean earnings estimate of analysts had fallen by
about 52.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * United Insurance Holdings Corp shares had fallen by 32.3%
this
quarter and lost 48.4% so far this year.
    * The company reported a quarterly loss of $33.17 million.
    * Wall Street's median 12-month price target for United
Insurance
Holdings Corp is $1.90 
    * 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." 

This summary was machine generated May 10 at 07:09 p.m.  ​All
figures in US dollars unless otherwise stated