Hippo Holdings Q3 EPS $(2.24) Beats $(2.82) Estimate, Sales $57.70M Beat $54.55M Estimate
Portfolio Pulse from bharat@benzinga.com
Hippo Holdings (NYSE:HIPO) reported Q3 losses of $(2.24) per share, beating the analyst consensus estimate of $(2.82) by 20.57%. This is a 30.86% increase over losses from the same period last year. The company also reported quarterly sales of $57.70 million, beating the analyst consensus estimate of $54.55 million by 5.77%. This is an 87.95% increase over sales from the same period last year.
November 02, 2023 | 8:47 pm
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POSITIVE IMPACT
Hippo Holdings reported better than expected Q3 results with losses per share and sales beating estimates. The YoY improvement in losses and sales could positively impact the stock.
Hippo Holdings reported better than expected Q3 results, with losses per share and sales beating analyst estimates. This indicates an improvement in the company's financial performance compared to the same period last year, which could lead to a positive market reaction and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100