Universal Insurance Holdings, Inc. (NYSE:UVE ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Company Participants Arash Soleimani - CSO Steve Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Universal's Fourth Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded.
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.43 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Arash Soleimani - Chief Strategy Officer Stephen Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Nick Iacoviello - Dowling & Partners Operator Good morning, ladies and gentlemen, and welcome to Universal's Third Quarter 2024 Earnings Conference Call. As a reminder, this conference call is being recorded.
Universal Insurance Holdings (UVE) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to loss of $0.16 per share a year ago.
Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.87 per share a year ago.
The insurer exceeded the average analyst prediction for first-quarter profits but fell short on revenue by a significant margin.
Universal Insurance (UVE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Universal Insurance jumped after announcing a new $20 million share repurchase program. Shares are up nearly 30% over the past month after the company posted a surprise profit with its fourth-quarter update.
The insurer published a fresh set of quarterly results after market hours Thursday. It had a mixed quarter, but its bottom-line beat was crushing.