Hippo Holdings Inc expected to post a loss of $1.39 a share - Earnings Preview

Hippo Holdings

30/04/2024 19:37

* Hippo Holdings Inc  HIPO.N   HIPO.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Palo Alto California-based  company is expected to
report a
83.5% increase in revenue to $73.036 million from $39.8 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Hippo Holdings Inc is
for a
loss of $1.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Hippo
Holdings
Inc is $25.00​, above​ its last closing price of $21.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -1.86       -2.01      -1.73     Beat    13.9
 Jan. 1 2023   -2.85       -2.82      -2.24     Beat    20.6
 Jan. 1 0001   -2.75       -2.76      -4.61     Missed  -67.2​
 Mar. 31 2023  -2.51       -2.42      -3.01     Missed  -24.1
 ​​Dec.        -2.72       -2.63      -2.74     Missed  -4.3
 31 2022                                                
 Jan. 1 0001   -2.98       -2.87      -5.66     Missed  -97.4​
 Jun. 30 2022  -2.25       -2.65      -3.25     Missed  -22.6
 Jan. 1 0001   -2.25       -2.22      -3.00     Missed  -34.8
 This summary was machine generated April 30 at 18:36 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)