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

Universal Insurance Holdings

27/10/2022 22:01

* Universal Insurance Holdings Inc  UVE.N  reported a
quarterly
adjusted loss of $2.27​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of $2.45 per share.
    * Revenue rose 8.9% to $312.81 million from a year ago;
analysts
expected $283.05 million. 
    * Universal Insurance Holdings Inc's reported EPS for the
quarter
was a loss of $2.36​.
    * The mean earnings estimate of analysts had fallen by
about 754.7% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Universal Insurance Holdings Inc shares had fallen by 2.6%
this
quarter and lost 43.6% so far this year.
    * The company reported a quarterly loss of $72.28 million.
    * Wall Street's median 12-month price target for Universal
Insurance Holdings Inc is $11.50 
    * 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 October
27 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -2.45          -2.27          Beat
 Jun. 30 2022      0.39           0.47           Beat
 Mar. 31 2022      0.58           0.64           Beat
 Dec. 31 2021      -1.61          -1.53          Beat