Universal Insurance Holdings Inc expected to post earnings of $1.05 a share - Earnings Preview

Universal Insurance Holdings

23/04/2024 22:12

* Universal Insurance Holdings Inc  UVE.N   UVE  is expected
to show a rise in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Fort Lauderdale Florida-based  company is expected to
report
a 19.1% increase in revenue to $336.086 million from $282.22
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 earnings of $1.05 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 $20.11. ​​​

This summary was machine generated April 23 at 21:12 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)