Can HCI Group (HCI) Keep the Earnings Surprise Streak Alive?

Core Viewpoint - HCI Group is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations in previous quarters [1][2]. Earnings Performance - HCI Group has a solid track record of surpassing earnings estimates, with an average surprise of 17.52% over the last two quarters [2]. - In the last reported quarter, HCI Group achieved earnings of $5.18 per share, exceeding the Zacks Consensus Estimate of $4.47 per share by 15.88% [3]. - For the previous quarter, the company reported earnings of $5.35 per share against an expected $4.49 per share, resulting in a surprise of 19.15% [3]. Earnings Estimates and Predictions - Recent changes in earnings estimates for HCI Group have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [7]. - HCI Group currently has an Earnings ESP of +87.40%, suggesting analysts are optimistic about the company's earnings prospects [9]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A positive Earnings ESP combined with a Zacks Rank of 2 (Buy) indicates a strong potential for another earnings beat [9]. - It is crucial to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [10].