Hci Group Inc reports results for the quarter ended December 31 - Earnings Summary

• Hci Group Inc HCI.N reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.22. The mean expectation of six analysts for the quarter was for a loss of $2.58 per share. Wall Street expected results to range from $-3.95 to -54 cents per share.

• Revenue fell 0.5% to $161.88 million from a year ago; analysts expected $163.82 million.

• Hci Group Inc's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $4.13 million.

• Hci Group Inc shares had risen by 6.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 13.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Hci Group Inc is $152.50

This summary was machine generated from LSEG data March 1 at 12:24 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)