Hanover Insurance Gr Q2 2024 Adj EPS $1.88 Beats $1.85 Estimate, Sales $1.47B Miss $1.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hanover Insurance Group (NYSE:THG) reported Q2 2024 adjusted EPS of $1.88, beating the estimate of $1.85. However, sales were $1.47 billion, missing the $1.50 billion estimate. Sales increased by 1.80% compared to the same period last year.
July 31, 2024 | 8:12 pm
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Hanover Insurance Group's Q2 2024 adjusted EPS of $1.88 beat estimates, but sales of $1.47 billion missed expectations. Sales increased by 1.80% year-over-year.
The mixed results, with EPS beating but sales missing estimates, suggest a neutral short-term impact on THG's stock price. The slight year-over-year sales increase adds a positive note.
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