Hippo Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-09

* Hippo Holdings Inc reported a quarterly adjusted loss of 67 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-2.24. The mean expectation of four analysts for the quarter was for a loss of 91 cents per share. Wall Street expected results to range from $-1.14 to -82 cents per share.

* Revenue rose 65.5% to $95.50 million from a year ago; analysts expected $94.06 million.

* Hippo Holdings Inc's reported EPS for the quarter was a loss of 34 cents​.

* The company reported a quarterly loss of $8.5 million.

* Hippo Holdings Inc shares had risen by 39.9% this quarter and gained 159.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 13.3% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Hippo Holdings Inc is $24.50 This summary was machine generated from LSEG data November 8 at 04:20 p.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 -0.91 -0.67 Beat

Jun. 30 2024 -1.66 -1.64 Beat

Mar. 31 2024 -1.39 -1.47 Missed

Dec. 31 2023 -2.01 -1.73 Beat

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