Heritage Insurance Holdings Inc expected to post a loss of 94 cents a share - Earnings Preview

Heritage Insurance Holdings

05/11/2022 03:03

* Heritage Insurance Holdings Inc  HRTG.N   HRTG.K  is
expected
to show a fall in quarterly revenue when it reports  results on
November 8. 
    * The Tampa Florida-based  company is expected to report  a
2.9% decrease in revenue to $162.609 million from $167.41
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Heritage Insurance
Holdings Inc is for a loss of 94 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 $4.8​, above​ its last closing price
of $1.72. ​​​

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  -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. 30 2021  -0.46       -0.45      -0.59     Missed  -31.1
 ​​Jun.        -0.13       0.10       -0.14     Missed  -243.6
 30 2021                                                
 Mar. 31 2021  -0.13       -0.12      -0.19     Missed  -53.2​
 Dec. 31 2020  -0.50       -0.39      0.10      Beat    125.6
 Sep. 30 2020  -0.60       -0.60      -0.19     Beat    68.5
 This summary was machine generated November 5 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated