Heritage Insurance (HRTG) Q1 Earnings Miss Estimates

Heritage Insurance (HRTG) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of$ 0.61 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.95%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of$ 0.45 per share when it actually produced earnings of $1.15, delivering a surprise of 155. ...