Universal Insurance Holdings Inc expected to post a loss of 96 cents a share - Earnings Preview

Reuters10-23

* Universal Insurance Holdings Inc is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending September 30 2024

* The Fort Lauderdale Florida-based company is expected to report a 3.3% increase in revenue to $341.98 million from $331.04 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Universal Insurance Holdings Inc is for a loss of 96 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Universal Insurance Holdings Inc is 25.00, above its last closing price of $19.24.

This summary was machine generated October 23 at 03:56 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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