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

Heritage Insurance Holdings

05/05/2023 19:00

* Heritage Insurance Holdings Inc  HRTG.N  reported
quarterly
adjusted earnings of 55 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 11 cents per share.
    * Revenue rose 11.5% to $176.92 million from a year ago;
analysts
expected $165.81 million. 
    * Heritage Insurance Holdings Inc's reported EPS for the
quarter
was 55 cents​.
    * The mean earnings estimate of analysts had risen by
about 112%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Heritage Insurance Holdings Inc shares had risen by 6.5%
this
quarter and gained 82.2% so far this year.
    * The company reported quarterly net income of $14.01
million.
    * Wall Street's median 12-month price target for Heritage
Insurance Holdings Inc is $5.00 
    * 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 LSEG Refinitiv data May
5 at 06:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.11           0.55           Beat
 Dec. 31 2022      -0.16          0.48           Beat
 Sep. 30 2022      -0.94          -1.83          Missed
 Jun. 30 2022      -0.04          0.11           Beat