SPX4,297.14+16.99 0.40%
DIA339.37+1.54 0.46%
IXIC13,128.05+80.87 0.62%

Recap: Universal Insurance Hldgs Q2 Earnings

Universal Insurance Hldgs (NYSE:UVE) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 18:11

Universal Insurance Hldgs (NYSE:UVE) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Universal Insurance Hldgs beat estimated earnings by 20.51%, reporting an EPS of $0.47 versus an estimate of $0.39.

Revenue was up $12.82 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 2.45% increase in the share price the next day.

Here's a look at Universal Insurance Hldgs's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.57 -1.61 0.50 0.56
EPS Actual 0.64 -1.53 0.63 0.65
Revenue Estimate 268.21M 292.98M 281.82M 252.92M
Revenue Actual 287.48M 292.66M 287.25M 279.18M

To track all earnings releases for Universal Insurance Hldgs VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.