For the quarter ended March 2025, Heritage Insurance (HRTG) reported revenue of $211.52 million, up 10.6% over the same period last year. EPS came in at $0.99, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of -1.01% over the Zacks Consensus Estimate of $213.69 million. With the consensus EPS estimate being $0.46, the EPS surprise was +115.22%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Heritage Insurance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Ceded Premium Ratio: 43.5% compared to the 44.1% average estimate based on two analysts.
- Combined Ratio: 84.5% versus 96.9% estimated by two analysts on average.
- Expense Ratio: 34.8% compared to the 34.9% average estimate based on two analysts.
- Revenues- Net investment income: $8.58 million versus $8.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Revenues- Net premiums earned: $200.03 million versus the two-analyst average estimate of $201.50 million. The reported number represents a year-over-year change of +11.5%.
- Revenues- Other revenue: $2.92 million versus $3.34 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -12.4% change.
View all Key Company Metrics for Heritage Insurance here>>>
Shares of Heritage Insurance have returned +40% over the past month versus the Zacks S&P 500 composite's +11.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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Heritage Insurance Holdings, Inc. (HRTG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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