Earnings Preview For Universal Insurance Hldgs
Portfolio Pulse from Benzinga Insights
Universal Insurance Holdings (NYSE:UVE) is scheduled to release its quarterly earnings report on February 22, 2024. Analysts predict an EPS of $0.25. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $17.41, up 38.08% over the last year. Investors are looking for positive guidance for the next quarter.

February 21, 2024 | 4:02 pm
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Universal Insurance Holdings is expected to report an EPS of $0.25 for the upcoming quarter. Historical performance shows variable stock price reactions post-earnings. Currently, shares have risen 38.08% over the past year.
Given UVE's history of beating EPS estimates and the positive trend in its stock price over the past year, there's a strong likelihood of a positive short-term impact on the stock price if the company meets or exceeds the EPS estimate and provides optimistic guidance for the future. However, the mixed reactions to past earnings reports introduce some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100