Hci Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Hci Group Inc HCI.N reported quarterly adjusted earnings of $5.09​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $4.21. The mean expectation of six analysts for the quarter was for earnings of $4.54 per share. Wall Street expected results to range from $4.23 to $4.80 per share.

• Revenue rose 7.6% to $221.92 million from a year ago; analysts expected $218.98 million.

• Hci Group Inc's reported EPS for the quarter was $5.18​.

• The company reported quarterly net income of $66.16 million.

• Hci Group Inc shares had fallen by 9.4% this quarter and gained 18.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.9% 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 5 "strong buy" or "buy," 1 "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 $197.50, about 30.2% above its last closing price of $137.88

This summary was machine generated from LSEG data August 8 at 06:43 p.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)