Compared to Estimates, HCI Group (HCI) Q3 Earnings: A Look at Key Metrics

HCI Group (HCI) reported $175.32 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 33.2%. EPS of $0.47 for the same period compares to $1.41 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $192.08 million, representing a surprise of -8.73%. The company delivered an EPS surprise of +20.51%, with the consensus EPS estimate being $0.39.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how HCI Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net investment income: $13.71 million compared to the $14.73 million average estimate based on three analysts. The reported number represents a change of +46.1% year over year. Policy fee income: $1.23 million versus the three-analyst average estimate of $0.99 million. The reported number represents a year-over-year change of +12.6%. Net premiums earned: $155.82 million versus the three-analyst average estimate of $175.98 million. The reported number represents a year-over-year change of +27.6%. Other: $1.05 million compared to the $0.37 million average estimate based on three analysts. The reported number represents a change of +302.7% year over year. View all Key Company Metrics for HCI Group here>>>Shares of HCI Group have returned +17.5% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HCI Group, Inc. (HCI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks