HCI Group Inc. This autumn Revenue Decreases, However Beats | World Market Information
(RTTNews) – HCI Group Inc. (HCI) revealed earnings for fourth quarter that decreased from the identical period final yr however beat the Road estimates.
The company’s earnings totaled $2.58 million, or $0.23 per share. This compares with $38.10 million, or $3.40 per share, final yr.
Excluding gadgets, HCI Group Inc. reported adjusted earnings of $5.02 million or $0.31 per share for the period.
Analysts on average had anticipated the company to earn -$2.41 per share. Analysts’ estimates sometimes exclude particular gadgets.
The company’s income for the period fell 0.5% to $161.88 million from $162.67 million final yr.
HCI Group Inc. earnings at a look (GAAP) :
-Earnings: $2.58 Mln. vs. $38.10 Mln. final yr.
-EPS: $0.23 vs. $3.40 final yr.
-Income: $161.88 Mln vs. $162.67 Mln final yr.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
Keep up to date with the latest news within the international markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on worldwide trade. We offer day by day updates to make sure you have entry to the freshest data on stock market actions, commodity costs, currency fluctuations, and main financial bulletins.
Discover how these trends are shaping the long run of the worldwide financial system! Go to us usually for essentially the most participating and informative market content material by clicking right here. Our rigorously curated articles will keep you knowledgeable on market shifts, investment methods, geopolitical impacts, and pivotal moments in international finance.
