Universal Insurance Hldgs Q2 Adj EPS $0.87 Beats $0.76 Estimate, Sales $339.57M Beat $296.45M Estimate
Portfolio Pulse from vinayak@benzinga.com
Universal Insurance Hldgs (NYSE:UVE) reported Q2 earnings of $0.87 per share, beating the analyst consensus estimate of $0.76 by 14.47%. This is an 85.11% increase from the same period last year. The company also reported quarterly sales of $339.57 million, beating the analyst consensus estimate of $296.45 million by 14.55%. This is a 16.29% increase from the same period last year.
July 27, 2023 | 8:25 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Universal Insurance Hldgs reported strong Q2 earnings and sales, beating analyst estimates. This could lead to a positive short-term impact on the stock.
Universal Insurance Hldgs reported Q2 earnings and sales that beat analyst estimates, with significant YoY increases. This positive financial performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100