What to Expect from Hanover Insurance Gr's Earnings
Portfolio Pulse from Benzinga Insights
Hanover Insurance Group (NYSE:THG) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $2.46. Investors are keen on not just an earnings beat but also positive future guidance. Historically, the stock has reacted more to guidance than to earnings beats or misses.
October 29, 2024 | 4:01 pm
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Hanover Insurance Group is expected to report an EPS of $2.46. Investors are looking for not just an earnings beat but also positive guidance, which historically impacts the stock price more significantly.
The article highlights the upcoming earnings report for Hanover Insurance Group, with an expected EPS of $2.46. The focus is on the company's guidance, which has historically had a more significant impact on the stock price than the earnings beat or miss. This suggests a neutral short-term impact as the actual results and guidance will determine the direction.
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