Universal Insurance Holdings Inc reports results for the quarter ended in December - Earnings Summary

Universal Insurance Holdings

23/02/2023 22:03

* Universal Insurance Holdings Inc  UVE.N  reported
quarterly
adjusted earnings of 72 cents​​ per share for the quarter ended
in December. The mean expectation of two analysts for the
quarter was for a loss of 49 cents per share.
    * Revenue rose 7.6% to $291.87 million from a year ago;
analysts
expected $293.53 million. 
    * Universal Insurance Holdings Inc's reported EPS for the
quarter
was 82 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Universal Insurance Holdings Inc shares had risen by 16.9%
this
quarter.
    * The company reported quarterly net income of $25.11
million.
    * Wall Street's median 12-month price target for Universal
Insurance Holdings Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.49          0.72           Beat
 Sep. 30 2022      -2.45          -2.27          Beat
 Jun. 30 2022      0.39           0.47           Beat
 Mar. 31 2022      0.58           0.64           Beat