Hippo Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Hippo Holdings

08/11/2024 16:20

* Hippo Holdings Inc  HIPO.N  reported a quarterly adjusted
loss
of 67 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of $-2.24.  The mean expectation of four analysts
for the quarter was for a loss of 91 cents per share. Wall
Street expected results to range from $-1.14 to -82 cents per
share.
    * Revenue rose 65.5% to $95.50 million from a year ago;
analysts
expected $94.06 million. 
    * Hippo Holdings Inc's reported EPS for the quarter was a
loss
of 34 cents​.
    * The company reported a quarterly loss of $8.5 million.
    * Hippo Holdings Inc shares had risen by 39.9% this
quarter and
gained 159.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Hippo Holdings
Inc is $24.50 
This summary was machine generated from LSEG data November 8 at
04:20 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
 Sep. 30 2024      -0.91          -0.67          Beat
 Jun. 30 2024      -1.66          -1.64          Beat
 Mar. 31 2024      -1.39          -1.47          Missed
 Dec. 31 2023      -2.01          -1.73          Beat