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

Hanover Insurance group

02/05/2023 23:05

* Hanover Insurance Group Inc  THG.N  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue rose 8.3% to $1.42 billion from a year ago;
analysts
expected $1.39 billion. 
    * Hanover Insurance Group Inc's reported EPS for the quarter
was a
loss of 34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 85%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates 
    * Hanover Insurance Group Inc shares had fallen by 7.0% this
quarter and lost 11.5% so far this year.
    * The company reported a quarterly loss of $12 million.
    * Wall Street's median 12-month price target for Hanover
Insurance
Group Inc is $148.50 
    * 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 May
2 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      2.16           2.32           Beat