Universal Insurance Holdings (UVE) Surpasses Q4 Earnings and Revenue Estimates

Core Viewpoint - Universal Insurance Holdings (UVE) reported quarterly earnings of $0.25 per share, significantly exceeding the Zacks Consensus Estimate of $0.09 per share, but down from $0.43 per share a year ago, indicating a 177.78% earnings surprise [1] Financial Performance - The company achieved revenues of $384.81 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 9.97% and showing an increase from $375.46 million year-over-year [2] - Over the last four quarters, Universal Insurance has consistently exceeded consensus EPS estimates and revenue estimates [2] Stock Performance and Outlook - Universal Insurance shares have declined approximately 5.9% since the beginning of the year, contrasting with the S&P 500's gain of 1.7% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $1.16 on revenues of $352.57 million, and for the current fiscal year, it is $2.65 on revenues of $1.43 billion [7] - The estimate revisions trend for Universal Insurance is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Insurance - Property and Casualty industry is currently ranked in the top 22% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]