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

Universal Insurance Holdings

26/10/2023 22:57

* Universal Insurance Holdings Inc  UVE.N  reported a
quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 29 cents per share.
    * Revenue rose 15.8% to $362.20 million from a year ago;
analysts
expected $322.48 million. 
    * Universal Insurance Holdings Inc's reported EPS for the
quarter
was a loss of 20 cents​.
    * The mean earnings estimate of analysts had fallen by
about 218.4% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Universal Insurance Holdings Inc shares had risen by 1.3%
this
quarter and gained 34.1% so far this year.
    * The company reported a quarterly loss of $5.92 million.
    * Wall Street's median 12-month price target for Universal
Insurance Holdings Inc is $20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.29          -0.20          Beat
 Jun. 30 2023      0.77           0.87           Beat
 Mar. 31 2023      0.74           0.79           Beat
 Dec. 31 2022      -0.49          0.72           Beat