Benzinga | Aug 3, 2020 04:41PM EDT

Heritage Insurance Hldgs: Q2 Earnings Insights

Shares of Heritage Insurance Hldgs (NYSE:HRTG) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share increased 650.00% over the past year to $0.15, which beat the estimate of $0.08.

Revenue of $129,057,000 up by 13.13% from the same period last year, which missed the estimate of $132,020,000.

Outlook

Heritage Insurance Hldgs hasn't issued any earnings guidance for the time being.

Heritage Insurance Hldgs hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $15.61

Company's 52-week low was at $7.50

Price action over last quarter: Up 7.75%

Company Description

Heritage Insurance Holdings is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.