Heritage Insurance Holdings Inc reports results for the quarter ended in December - Earnings Summary

Heritage Insurance Holdings

02/03/2023 22:50

* Heritage Insurance Holdings Inc  HRTG.N  reported
quarterly
adjusted earnings of 48 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for a loss of 16 cents per share.
    * Revenue rose 4.7% to $174.59 million from a year ago;
analysts
expected $168.32 million. 
    * Heritage Insurance Holdings Inc's reported EPS for the
quarter
was 48 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3,100% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Heritage Insurance Holdings Inc shares had risen by 47.8%
this
quarter.
    * The company reported quarterly net income of $12.5
million.
    * Wall Street's median 12-month price target for Heritage
Insurance Holdings Inc is $3.00 
    * 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." 

This summary was machine generated from Refinitiv data March 2
at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.16          0.48           Beat
 Sep. 30 2022      -0.94          -1.83          Missed
 Jun. 30 2022      -0.04          0.11           Beat
 Mar. 31 2022      -0.43          -1.15          Missed