HCI Group (HCI) got here out with quarterly earnings of $0.67 per share, beating the Zacks Consensu
HCI Group (HCI) got here out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $1.02 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 11.67%. 1 / 4 in the past, it was anticipated that this property and casualty insurance coverage holding firm would publish earnings of $0.78 per share when it truly produced earnings of $0.81, delivering a shock of three.85%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
HCI Group, which belongs to the Zacks Insurance coverage – Property and Casualty trade, posted revenues of $59.98 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 4.51%. This compares to year-ago revenues of $61.74 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.
The sustainability of the inventory’s fast…