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In comparison with Estimates, HCI Group (HCI) Q3 Earnings: A Have a look at Key Metrics

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HCI Group (HCI) reported $175.32 million in income for the quarter ended September 2024, representing a year-over-year improve of 33.2%. EPS of $0.47 for a similar interval compares to $1.41 a 12 months in the past.

The reported income compares to the Zacks Consensus Estimate of $192.08 million, representing a shock of -8.73%. The corporate delivered an EPS shock of +20.51%, with the consensus EPS estimate being $0.39.

Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s value efficiency extra precisely.

Right here is how HCI Group carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:

  • Web funding earnings: $13.71 million in comparison with the $14.73 million common estimate primarily based on three analysts. The reported quantity represents a change of +46.1% 12 months over 12 months.
  • Coverage price earnings: $1.23 million versus the three-analyst common estimate of $0.99 million. The reported quantity represents a year-over-year change of +12.6%.
  • Web premiums earned: $155.82 million versus the three-analyst common estimate of $175.98 million. The reported quantity represents a year-over-year change of +27.6%.
  • Different: $1.05 million in comparison with the $0.37 million common estimate primarily based on three analysts. The reported quantity represents a change of +302.7% 12 months over 12 months.

View all Key Company Metrics for HCI Group here>>>

Shares of HCI Group have returned +17.5% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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