Gear Up for Heritage Insurance (HRTG) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Heritage Insurance (HRTG) is expected to report quarterly earnings of $0.52 per share, reflecting a year-over-year decline of 54.8$199.87 million, an increase of 6.9% from the previous year [1]. Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating that analysts have maintained their initial forecasts [1]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [2]. Revenue Forecasts - Analysts project 'Revenues- Net investment income' to be $9.91 million, indicating a year-over-year increase of 47.7$186.70 million, reflecting a year-over-year change of 5.1% [4]. - 'Revenues- Other revenue' is anticipated to be $3.27 million, suggesting a year-over-year decline of 5.9% [4]. Stock Performance - Heritage Insurance shares have increased by 1.3% over the past month, contrasting with the Zacks S&P 500 composite's decline of 4.1% [5]. - With a Zacks Rank of 4 (Sell), HRTG is expected to underperform the overall market in the near term [5].