Hanover Insurance Group Inc expected to post earnings of $2.73 a share - Earnings Preview

Hanover Insurance group

29/01/2024 21:44

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on January 31
for the period ending December 31 2023
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report a 6.5% increase in revenue to $1.412 billion
from $1.33 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 $2.73 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 $130.00​, below​ its last closing price of $130.88.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -1.05       -1.05      -1.05     Met     -0.1
 ​​Sep.        0.97        0.98       0.99      Beat    1.5
 30 2022                                                
 Jun. 30 2022  2.16        2.16       2.32      Beat    7.2​
 Mar. 31 2022  3.11        3.06       3.26      Beat    6.5
 Dec. 31 2021  2.48        2.46       3.38      Beat    37.7
 This summary was machine generated January 29 at 21:44 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)