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

Universal Insurance Holdings

27/07/2022 23:22

* Universal Insurance Holdings Inc  UVE.N  reported
quarterly
adjusted earnings of 47 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 39 cents per share.
    * Revenue rose 4.6% to $292.01 million from a year ago;
analysts
expected $274.02 million. 
    * Universal Insurance Holdings Inc's reported EPS for the
quarter
was 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Universal Insurance Holdings Inc shares had fallen
by 12.0% this
quarter and lost 32.5% so far this year.
    * The company reported quarterly net income of $7.37
million.
    * Wall Street's median 12-month price target for Universal
Insurance Holdings Inc is $13.50 
    * 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 July 27
at 10:21 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.39           0.47           Beat
 Mar. 31 2022      0.58           0.64           Beat
 Dec. 31 2021      -1.61          -1.53          Beat
 Sep. 30 2021      0.50           0.63           Beat