Here's What Key Metrics Tell Us About Heritage Insurance (HRTG) Q3 Earnings

Core Insights - Heritage Insurance (HRTG) reported revenue of $212.46 million for Q3 2025, reflecting a year-over-year increase of 0.3% and exceeding the Zacks Consensus Estimate of $210.12 million by 1.11% [1] - The company achieved an EPS of $1.63, a significant increase from $0.27 a year ago, resulting in an EPS surprise of 207.55% compared to the consensus estimate of $0.53 [1] Financial Metrics - Ceded Premium Ratio stood at 46.1%, higher than the average estimate of 44.5% based on two analysts [4] - Combined Ratio was reported at 72.9%, significantly better than the average estimate of 94.2% from two analysts [4] - Expense Ratio was 34.6%, slightly above the average estimate of 34.4% [4] - Net investment income was $9.69 million, surpassing the average estimate of $9.17 million, but showing a year-over-year decline of 1.2% [4] - Net premiums earned were $195.13 million, below the estimated $197.82 million, representing a year-over-year decrease of 1.9% [4] - Other revenue reached $4.9 million, exceeding the average estimate of $3.13 million, with a year-over-year increase of 52.9% [4] Stock Performance - Heritage Insurance shares have returned -5.7% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]