Hanover Insurance Group Inc expected to post earnings of $2.71 a share - Earnings Preview

Hanover Insurance group

29/04/2024 23:05

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report a 3.1% increase in revenue to $1.465 billion
from $1.42 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 $2.71 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 $130.22.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.76        2.73       3.13      Beat    14.8
 Sep. 30 2023  0.19        0.19       0.19      Met     0
 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.        -1.05       -1.05      -1.05     Met     -0.1
 31 2022                                                
 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. 31 2022  3.11        3.06       3.26      Beat    6.5
 This summary was machine generated April 29 at 22:05 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)