Heritage Insurance Holdings Inc expected to post earnings of 14  cents a share - Earnings Preview

Heritage Insurance Holdings

05/03/2022 01:01

* Heritage Insurance Holdings Inc  HRTG.N   HRTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
March 7. 
    * The Clearwater Florida-based  company is expected to
report  a
3.6% increase in revenue to $165.317 million from $159.55
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 earnings of 14 cents per share. For the same
quarter last year, the company reported earnings of 10 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $11​, about 50.5% above​ its last
closing price of $5.44. ​​​
    * 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 2021  -0.46       -0.45      -0.59     Missed  -31.1
 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
 ​​Sep.        -0.60       -0.60      -0.19     Beat    68.5
 30 2020                                                
 Jun. 30 2020  0.06        0.02       0.15      Beat    757.1​
 Mar. 31 2020  0.23        0.23       0.26      Beat    11.8
 Dec. 31 2019  0.40        0.39       0.42      Beat    7.7
 This summary was machine generated March 5 at 01:01 GMT.  All
figures in US dollars  unless otherwise stated