HCI Group (HCI) Beats Q2 Earnings and Revenue Estimates

HCI Group (HCI) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.58 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.60%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $2.74 per share when it actually produced earnings of $3.65, delivering a surprise of 33.21%. Over th ...