Universal Insurance Holdings Inc expected to post a loss of 29 cents a share - Earnings Preview

Universal Insurance Holdings

25/10/2023 03:02

* Universal Insurance Holdings Inc  UVE.N   UVE  is expected
to show a rise in quarterly revenue when it reports  results on
October 26. 
    * The Fort Lauderdale Florida-based  company is expected to
report
 a 3.1% increase in revenue to $322.484 million from $312.81
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Universal Insurance
Holdings Inc is for a loss of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Universal
Insurance Holdings Inc is $20​, above​ its last closing price
of $14.10. ​​​

This summary was machine generated October 25 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated