Recap: Heritage Insurance Hldgs Q1 Earnings

Heritage Insurance Hldgs (NYSE:HRTG) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM. Here’s…

Heritage Insurance Hldgs (NYSE:HRTG) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Heritage Insurance Hldgs beat estimated earnings by 400.0%, reporting an EPS of $0.55 versus an estimate of $0.11.

Revenue was up $23.99 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.64 which was followed by a 33.82% increase in the share price the next day.

Here’s a look at Heritage Insurance Hldgs’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.16 -0.94 -0.04 0.14
EPS Actual 0.48 -1.83 0.11 -1.15
Revenue Estimate 168.32M 162.61M 158.99M 138.12M
Revenue Actual 174.59M 159.69M 158.27M 152.93M

To track all earnings releases for Heritage Insurance Hldgs visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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