Heritage Insurance Hldgs Q4 2023 GAAP EPS $1.15 Beats $0.47 Estimate, Sales $186.967M Beat $185.106M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heritage Insurance Holdings (HRTG) reported Q4 2023 earnings of $1.15 per share, surpassing the $0.47 estimate by 144.68%, with sales of $186.967M beating the $185.106M estimate, a 7.09% increase from the previous year.
March 11, 2024 | 8:51 pm
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Heritage Insurance Holdings reported a significant beat on both earnings per share and sales for Q4 2023, with EPS at $1.15 against a $0.47 estimate and sales reaching $186.967M, surpassing the $185.106M estimate.
The significant beat on both EPS and sales estimates for Q4 2023 indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100