Hanover Insurance Group Inc expected to post earnings of 98cents a share - Earnings Preview

Hanover Insurance group

29/10/2022 03:05

* 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 4.6% increase in revenue to $1.439 billion
from $1.38 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 98 cents per share. The company's EPS
guidance on October 20 2022, for the period ended September
30, was between USD0.95 and USD1 
    * 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 $145​, below​ its last closing price of $145.19.
​​​

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 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​
 Sep. 30 2021  0.60        0.92       0.85      Missed  -7.3
 ​​Jun.        2.47        2.38       2.85      Beat    19.6
 30 2021                                                
 Mar. 31 2021  0.91        0.92       1.66      Beat    79.7​
 Dec. 31 2020  2.39        2.33       3.02      Beat    29.4
 Sep. 30 2020  2.17        2.18       2.46      Beat    12.9
 This summary was machine generated October 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated