HCI Group Q2 Adj EPS $1.22 Beats $0.40 Estimate, Sales $127.33M Beat $122.61M Estimate
Portfolio Pulse from mahesh@benzinga.com
HCI Group reported Q2 earnings of $1.22 per share, beating the analyst consensus estimate of $0.40 by 205%. This is a 271.83% increase over losses from the same period last year. The company also reported quarterly sales of $127.33 million, beating the analyst consensus estimate of $122.61 million by 3.85%. This is a 1.11% increase over sales from the same period last year.
August 08, 2023 | 9:53 pm
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HCI Group's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong performance.
HCI Group's Q2 earnings and sales beat analyst estimates by a significant margin. This indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100