Hanover Insurance Group Inc reports results for the quarter ended in June - Earnings Summary

Hanover Insurance group

03/08/2023 02:54

* Hanover Insurance Group Inc  THG.N  reported a quarterly
adjusted loss of $1.91​​ per share for the quarter ended in
June. The mean expectation of seven analysts for the quarter was
for a loss of 92 cents per share.
    * Revenue rose 8.6% to $1.45 billion from a year ago;
analysts
expected $1.42 billion. 
    * Hanover Insurance Group Inc's reported EPS for the quarter
was a
loss of $1.94​.
    * The mean earnings estimate of analysts had fallen by
about 149.8% in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Hanover Insurance Group Inc shares had risen by 0.3% this
quarter and lost 16.1% so far this year.
    * The company reported a quarterly loss of $69.2 million.
    * Wall Street's median 12-month price target for Hanover
Insurance
Group Inc is $133.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:54 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.92          -1.91          Missed
 Mar. 31 2023      0.40           0.13           Missed
 Dec. 31 2022      -1.05          -1.05          Met
 Sep. 30 2022      0.98           0.99           Beat