HCI Group (NYSE:HCI) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
HCI Group beat estimated earnings by 1566.67%, reporting an EPS of $1.5 versus an estimate of $0.09.
Revenue was up $1.99 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.57 which was followed by a 10.4% increase in the share price the next day.
Here’s a look at HCI Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.51 | -6.21 | 0.24 | 0.15 |
| EPS Actual | 0.06 | -5.62 | -0.71 | 0.34 |
| Revenue Estimate | 120.40M | 141.06M | 130.57M | 113.62M |
| Revenue Actual | 119.94M | 126.65M | 125.93M | 127.04M |
To track all earnings releases for HCI Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.