Core Viewpoint - Hamilton Insurance is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended September 2024, with earnings expected to be $0.69 per share, reflecting a +68.3% change, and revenues projected at $515.96 million, up 30.2% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for November 6, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 4.65% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Hamilton Insurance aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10]. - The stock currently holds a Zacks Rank of 4, suggesting a challenging outlook for beating the consensus EPS estimate [10][11]. Historical Performance - In the last reported quarter, Hamilton Insurance exceeded the expected earnings of $0.91 per share by delivering $1.20, resulting in a surprise of +31.87% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Comparison - Assurant, another player in the Zacks Insurance - Multi line industry, is expected to post earnings of $2.64 per share for the same quarter, indicating a year-over-year decline of -38.5%, with revenues projected at $2.91 billion, up 4.2% [17]. - Assurant's consensus EPS estimate has been revised down by 28.8% in the last 30 days, leading to an Earnings ESP of -5.30% and a Zacks Rank of 3 [18].
Hamilton Insurance (HG) Earnings Expected to Grow: Should You Buy?