Benzinga | Oct 27, 2020 04:40PM EDT

Universal Insurance Hldgs Q3 GAAP EPS $(0.10), Adj. EPS $(1.43) vs $(0.22) Estimate, Sales $311.67M Beat $253.58M Estimate

Universal Insurance Hldgs (NYSE:UVE) reported quarterly losses of $(1.43) per share which missed the analyst consensus estimate of $(0.22) by 550 percent. This is a 334.43 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $311.67 million which beat the analyst consensus estimate of $253.58 million by 22.91 percent. This is a 35.72 percent increase over sales of $229.64 million the same period last year.