Hanover Insurance Group Inc expected to post a loss of 92 cents a share - Earnings Preview

Hanover Insurance group

01/08/2023 03:08

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report  a 6.9% increase in revenue to $1.425 billion
from $1.33 billion a year ago, according to the mean estimate
from 3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hanover Insurance
Group
Inc is for a loss of 92 cents per share. The company's EPS
guidance on July 20 2023, for the period ended June 30, was
about USD-1.91
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 Hanover
Insurance
Group Inc is $133.5​, above​ its last closing price of $113.48.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.44        0.40       0.13      Missed  -67.8
 Dec. 31 2023  -1.05       -1.05      -1.05     Met     -0.1
 Sep. 30 2022  0.97        0.98       0.99      Beat    1.5​
 Jun. 30 2022  2.16        2.16       2.32      Beat    7.2
 ​​Mar.        3.11        3.06       3.26      Beat    6.5
 31 2022                                                
 Dec. 31 2021  2.48        2.46       3.38      Beat    37.7​
 Sep. 30 2021  0.60        0.92       0.85      Missed  -7.3
 Jun. 30 2021  2.47        2.38       2.85      Beat    19.6
 This summary was machine generated August 1 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated