Hanover Insurance Group Inc expected to post earnings of $2.46 a share - Earnings Preview

Hanover Insurance group

31/01/2022 22:55

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on February
2. 
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report  a 8.0% increase in revenue to $1.201 billion
from $1.11 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 $2.46 per share. For the same quarter
last year, the company reported earnings of $3.02 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 $150​, about 8% above​ its last closing price
of $137.96. ​​​
    * 

This summary was machine generated January 31 at 22:55 GMT.  All
figures in US dollars  unless otherwise stated