Heritage Insurance Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Heritage Insurance Holdings

06/05/2025 23:39

Heritage Insurance Holdings Inc HRTG.N reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 47 cents.  The mean expectation of three analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 34 cents to 57 cents per share.

Revenue rose 10.6% to $211.52 million from a year ago; analysts expected $213.69 million.

Heritage Insurance Holdings Inc's reported EPS for the quarter was 99 cents​.

The company reported quarterly net income of $30.47 million.

Heritage Insurance Holdings Inc shares had risen by 38.7% this quarter and gained 65.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 75% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Heritage Insurance Holdings Inc is $19.50

This summary was machine generated from LSEG data May 6 at 10:39 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.45
0.99
Beat
Dec. 31 2024
0.56
0.66
Beat
Sep. 30 2024
0.06
0.27
Beat
Jun. 30 2024
0.41
0.61
Beat