Hanover Insurance Group Inc expected to post earnings of $1.85 a share - Earnings Preview

Hanover Insurance group

30/07/2024 01:38

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report a 3.3% increase in revenue to $1.495 billion
from $1.45 billion a year ago, according to the mean estimate
from 3 analysts, based on LSEG data. (Sales/Revenus is based on
Net Written Premium)
    * ​LSEG's mean analyst estimate for Hanover Insurance Group
Inc is
for earnings of $1.85 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Hanover
Insurance
Group Inc is $150.00​, above​ its last closing price of $134.81.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.70        2.71       3.08      Beat    13.8
 Dec. 31 2024  2.76        2.73       3.13      Beat    14.8
 Sep. 30 2023  0.19        0.19       0.19      Met     0​
 Jan. 1 0001   -1.38       -0.92      -1.91     Missed  -108.6
 ​​Mar.        0.44        0.40       0.13      Missed  -67.8
 31 2023                                                
 Dec. 31 2022  -1.05       -1.05      -1.05     Met     -0.1​
 Sep. 30 2022  0.97        0.98       0.99      Beat    1.5
 Jan. 1 0001   2.16        2.16       2.32      Beat    7.2
 This summary was machine generated July 30 at 00:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)