Universal Insurance Holdings Inc expected to post a loss of 96 cents a share - Earnings Preview

Universal Insurance Holdings

23/10/2024 04:56

* Universal Insurance Holdings Inc  UVE.N   UVE  is expected
to show a rise in quarterly revenue when it reports  results on
October 24 for the period ending September 30 2024
    * The Fort Lauderdale Florida-based  company is expected to
report
a 3.3% increase in revenue to $341.98 million from $331.04
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Universal Insurance
Holdings
Inc is for a loss of 96 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 25.00​, above​ its last closing price
of $19.24. ​​​

This summary was machine generated October 23 at 03:56 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)