Heritage Insurance (US:HRTG) ZACKS·2025-11-06 00:11Core Insights - Heritage Insurance (HRTG) reported quarterly earnings of $1.63 per share, significantly exceeding the Zacks Consensus Estimate of $0.53 per share, and up from $0.27 per share a year ago [1][2] - The earnings surprise of +207.55% marks the fourth consecutive quarter where the company has surpassed consensus EPS estimates [2] - The company generated revenues of $212.46 million for the quarter, slightly above the Zacks Consensus Estimate by 1.11%, and compared to $211.85 million in the same quarter last year [3] Financial Performance - Heritage Insurance's earnings surprise of +207.55% indicates strong performance relative to expectations [2] - The company has consistently outperformed revenue estimates, achieving this in two of the last four quarters [3] - Year-to-date, Heritage Insurance shares have increased by approximately 97.6%, outperforming the S&P 500's gain of 15.1% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.04, with expected revenues of $212.56 million, and for the current fiscal year, the EPS estimate is $4.10 on revenues of $842.24 million [8] - The estimate revisions trend for Heritage Insurance was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [7] - The outlook for the property and casualty insurance industry is favorable, with the Zacks Industry Rank placing it in the top 26% of over 250 industries, indicating potential for outperformance [9]