Heritage Insurance Holdings Inc expected to post earnings of 11  cents a share - Earnings Preview

Heritage Insurance Holdings

05/08/2023 03:22

* Heritage Insurance Holdings Inc  HRTG.N   HRTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8. 
    * The Tampa Florida-based  company is expected to report  a
2.9% increase in revenue to $168.53 million from $163.77 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 earnings of 11 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 $5​, above​ its last closing price
of $4.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.11        0.11       0.55      Beat    418.9
 Dec. 31 2023  -0.20       -0.16      0.48      Beat    400
 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.        -0.59       -0.43      -1.15     Missed  -168.7
 31 2022                                                
 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. 30 2021  -0.13       0.10       -0.14     Missed  -243.6
 This summary was machine generated August 5 at 02:22 GMT.  All
figures in US dollars  unless otherwise stated