On Thursday 24th October 2024, investors and market participants can expect the release of Universal Insurance Holdings (NYSE: UVE) third quarter financial results. This crucial announcement will be made after market close.
Financial experts on Wall Street anticipate that the organization is set to announce an estimated $0.96 loss per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $341.98 million for this specific period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $1.44 billion. Further, they expect the earnings per share to achieve profit of $1.36 for the fiscal year.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had loss of $0.16 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.18 | +35.6% | 380.21 M | +12.0% |
| Q1 2024 | $1.07 | +35.4% | 367.96 M | +16.3% |
| Q4 2023 | $0.43 | -40.3% | 375.46 M | +13.7% |
| Q3 2023 | $-0.16 | +93.0% | 360.05 M | +15.1% |
| Q2 2023 | $0.87 | +85.1% | 339.57 M | +16.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 25th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Throughout Tuesday's trading, Universal Insurance Holdings (UVE) shares fluctuated between $18.82 and $19.27, with a trading volume of 126.70 thousand shares. The stock ended the regular trading session at $19.24, demonstrating drop of 0.05 percent.
