Heritage Insurance Holdings Inc expected to post a loss of 16 cents a share - Earnings Preview

Heritage Insurance Holdings

28/02/2023 22:21

* Heritage Insurance Holdings Inc  HRTG.N   HRTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
March 2. 
    * The Tampa Florida-based  company is expected to report  a
1.0% increase in revenue to $168.318 million from $166.71
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Heritage Insurance
Holdings Inc is for a loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Heritage
Insurance Holdings Inc is $3​, above​ its last closing price
of $2.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.79       -0.94      -1.83     Missed  -94.2
 Jun. 30 2022  -0.11       -0.04      0.11      Beat    405.6
 Mar. 31 2022  -0.59       -0.43      -1.15     Missed  -168.7
                                                        ​
 Dec. 31 2021  0.11        0.14       0.41      Beat    197.1
 ​​Sep.        -0.46       -0.45      -0.59     Missed  -31.1
 30 2021                                                
 Jun. 30 2021  -0.13       0.10       -0.14     Missed  -243.6
                                                        ​
 Mar. 31 2021  -0.13       -0.12      -0.19     Missed  -53.2
 Dec. 31 2020  -0.50       -0.39      0.10      Beat    125.6
 This summary was machine generated February 28 at 22:20 GMT. 
All figures in US dollars  unless otherwise stated