Benzinga | Jul 27, 2021 11:13AM EDT

Universal Insurance Hldgs's Earnings Outlook

On Wednesday, July 28, Universal Insurance Hldgs (NYSE:UVE) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Universal Insurance Hldgs reporting earnings of $0.56 per share on revenue of $252.92 million. Universal Insurance Hldgs EPS in the same period a year ago totaled $0.52. Sales were $252.70 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Wednesday, earnings would be up 7.69%. Sales would be have grown 0.09% from the same quarter last year. Universal Insurance Hldgs's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.69 -1 -0.22 0.50EPS Actual 0.84 -0.84 -1.43 0.52Revenue Estimate 249.14 M 263.10 M 253.58 M 249.16 MRevenue Actual 262.76 M 273.13 M 311.67 M 252.70 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the past 52-week period, shares of Universal Insurance Hldgs have declined 22.0%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Universal Insurance Hldgs is scheduled to hold the call at 09:00:00 ET and can be accessed here.