* United Fire Group Inc reported quarterly adjusted earnings of 81 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of two analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 21 cents to 45 cents per share.
* Revenue rose 18.2% to $322.96 million from a year ago; analysts expected $306.80 million.
* United Fire Group Inc shares had fallen by 7.2% this quarter and lost 3.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 57.1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the property & casualty insurance peer group is "sell."
Wall Street's median 12-month price target for United Fire Group Inc is 19.00 This summary was machine generated from LSEG data November 6 at 04:05 a.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.33 0.81 Beat
Jun. 30 2024 0.01 -0.07 Missed
Mar. 31 2024 0.48 0.56 Beat
Dec. 31 2023 0.56 0.65 Beat
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