Recap: HCI Group Q4 Earnings
Portfolio Pulse from Benzinga Insights
HCI Group (NYSE:HCI) reported Q4 earnings with an EPS of $3.22, surpassing estimates by 128% and marking a significant revenue increase of $42.73 million year-over-year. This follows a pattern of beating EPS estimates in previous quarters, with a notable 22% share price increase after last quarter's earnings beat.
March 07, 2024 | 9:55 pm
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HCI Group reported a significant beat on Q4 earnings with an EPS of $3.22, greatly exceeding the $1.41 estimate, and a notable year-over-year revenue increase.
HCI Group's substantial earnings beat and revenue growth indicate strong operational performance and financial health. Historically, the company's stock price has reacted positively to earnings beats, as seen with the 22% increase following last quarter's results. This pattern suggests a likely positive short-term impact on HCI's stock price.
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