Heritage Insurance Holdings Inc expected to post earnings of 59 cents a share - Earnings Preview

Heritage Insurance Holdings

29/04/2024 22:47

* Heritage Insurance Holdings Inc  HRTG.N   HRTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 1 for the period ending March 31 2024
    * The Tampa Florida-based  company is expected to report a
6.9% increase in revenue to $189.047 million from $176.92
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Heritage Insurance
Holdings
Inc is for earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $10.00​, below​ its last closing price
of $10.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.48        0.46       1.15      Beat    151.8
 Jan. 1 0001   -0.22       -0.21      -0.28     Missed  164.7
 Jan. 1 0001   0.12                   0.30              164.7​
 Mar. 31 2023  0.11                   0.55              418.9
 ​​Dec.        -0.20       -0.16      0.48      Beat    400
 31 2022                                                
 Sep. 30 2022  -0.11       -0.94      -1.83     Missed  ​
 Jun. 30 2022  -0.11       -0.04      0.11      Beat    405.6
 Jan. 1 0001   -0.59       -0.43      -1.15     Missed  -168.7
 This summary was machine generated April 29 at 21:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)