Hippo Holdings HIPO is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Hippo Holdings will report an earnings per share (EPS) of $-0.91.
Anticipation surrounds Hippo Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Past Earnings Performance
The company's EPS missed by $0.19 in the last quarter, leading to a 7.29% drop in the share price on the following day.
Here's a look at Hippo Holdings's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -1.45 | -1.39 | -2.01 | -2.82 |
| EPS Actual | -1.64 | -1.47 | -1.76 | -2.24 |
| Price Change % | -7.000000000000001% | -4.0% | -5.0% | 22.0% |
Market Performance of Hippo Holdings's Stock
Shares of Hippo Holdings were trading at $23.49 as of November 06. Over the last 52-week period, shares are up 183.79%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Hippo Holdings visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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