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
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100