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

Universal Insurance Holdings

29/04/2022 07:05

* Universal Insurance Holdings Inc  UVE.N  reported
quarterly
adjusted earnings of 64 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 57 cents per share.
    * Revenue rose 10.6% to $269.06 million from a year ago; 
analysts
expected $268.21 million. 
    * Universal Insurance Holdings Inc's reported EPS for the
quarter
was 56 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.2%
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 fallen by 9.1%
this
quarter and lost 27.9% so far this year.
    * The company reported quarterly net income of $17.54
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 April 29 at 06:05 a.m.  ​All
figures in US dollars unless otherwise stated