Fednat Holding Co expected to post a loss of $1.07 a share - Earnings Preview

Fednat Holding Co

01/05/2021 01:42

* Fednat Holding Co  FNHC.OQ   FNHC.O  is expected to show
a fall in quarterly revenue when it reports results on May 4.
* The Sunrise, Florida-based company is expected to report  a
39.2% decrease in revenue to $64.365 million from $105.91
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Fednat Holding Co is
for a loss of $1.07 per share. For the same quarter last year,
the company reported earnings of 30 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 45.3% in the last three months.​
* Wall Street's median 12-month price target for Fednat Holding
Co is $7​, about 27.3% above​ its last closing price
of $5.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -2.40       -2.36      -1.96     Beat    17.1
 Sep. 30 2020  -1.32       -1.37      -1.57     Missed  -14.3
 Jun. 30 2020  -2.07       -1.48      -2.05     Missed  -38.2​
 Mar. 31 2020  0.23        0.24       0.30      Beat    23.3
 Dec.          -0.46​      -0.47      -0.59     Missed  -26.4​
 31​ 2019​                                              
 Sep. 30 2019  0.48        0.47       0.33      Missed  -29​
 Jun. 30 2019  0.34        0.38       0.44      Beat    17.3
 Mar. 31 2019  0.05        0.01       -0.19     Missed  -2,000
 This summary was machine generated May 1 at 00:42 GMT.  All
figures in US dollars unless otherwise stated