Hanover Insurance Group Inc expected to post earnings of 19  cents a share - Earnings Preview

Hanover Insurance group

31/10/2023 02:05

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on November
1. 
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report  a 4.0% increase in revenue to $1.566 billion
from $1.51 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 earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $127​, above​ its last closing price of $115.63.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -1.38       -0.92      -1.91     Missed  -108.6
 Mar. 31 2023  0.44        0.40       0.13      Missed  -67.8
 Dec. 31 2022  -1.05       -1.05      -1.05     Met     -0.1​
 Sep. 30 2022  0.97        0.98       0.99      Beat    1.5
 ​​Jun.        2.16        2.16       2.32      Beat    7.2
 30 2022                                                
 Mar. 31 2022  3.11        3.06       3.26      Beat    6.5​
 Dec. 31 2021  2.48        2.46       3.38      Beat    37.7
 Sep. 30 2021  0.60        0.92       0.85      Missed  -7.3
 This summary was machine generated October 31 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated