Hanover Insurance Group Inc expected to post earnings of $2.16 a share - Earnings Preview

Hanover Insurance group

30/07/2022 02:56

* 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 4.9% increase in revenue to $1.267 billion
from $1.21 billion a year ago, according to the mean estimate
from 2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hanover Insurance
Group
Inc is for earnings of $2.16 per share. For the same quarter
last year, the company reported earnings of $2.85 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $160​, above​ its last closing price of $136.47.
​​​
    * 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 2022  3.11        3.06       3.26      Beat    6.5
 Dec. 31 2022  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
 ​​Mar.        0.91        0.92       1.66      Beat    79.7
 31 2021                                                
 Dec. 31 2020  2.39        2.33       3.02      Beat    29.4​
 Sep. 30 2020  2.17        2.18       2.46      Beat    12.9
 Jun. 30 2020  1.06        1.13       1.63      Beat    44.9
 This summary was machine generated July 30 at 01:56 GMT.  All
figures in US dollars  unless otherwise stated