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

Fednat Holding Co

31/07/2021 01:36

* Fednat Holding Co  FNHC.OQ   FNHC.O  is expected to show a
fall in quarterly revenue when it reports results on August 3. 
* The Sunrise, Florida-based company is expected to report   a
56.2% decrease in revenue to $48.821 million from $111.48
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 a loss of $2.05 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Fednat Holding
Co is $5​, about 49.4% above​ its last closing price
of $2.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.85       -1.07      -1.35     Missed  -26.5
 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.          0.23​       0.24       0.30      Beat    23.3​
 31​ 2020​                                              
 Dec. 31 2019  -0.46       -0.47      -0.59     Missed  -26.4​
 Sep. 30 2019  0.48        0.47       0.33      Missed  -29
 Jun. 30 2019  0.34        0.38       0.44      Beat    17.3
 This summary was machine generated July 31 at 00:36 GMT.  All
figures in US dollars unless otherwise stated