Heritage Insurance (HRTG) reported $210.26 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 12.5%. EPS of $0.66 for the same period compares to $1.15 a year ago.

The reported revenue represents a surprise of +5.20% over the Zacks Consensus Estimate of $199.87 million. With the consensus EPS estimate being $0.52, the EPS surprise was +26.92%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Heritage Insurance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Ceded Premium Ratio: 44.7% versus the two-analyst average estimate of 45.3%.
• Combined Ratio: 89.7% versus 94.2% estimated by two analysts on average.
• Expense Ratio: 35% versus 35.4% estimated by two analysts on average.
• Revenues- Net investment income: $8.51 million versus the two-analyst average estimate of $9.91 million. The reported number represents a year-over-year change of +26.9%.
• Revenues- Net premiums earned: $199.28 million versus the two-analyst average estimate of $186.70 million. The reported number represents a year-over-year change of +12.1%.
• Revenues- Other revenue: $3.20 million versus $3.27 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.8% change.

View all Key Company Metrics for Heritage Insurance here>>>

Shares of Heritage Insurance have returned -3.8% over the past month versus the Zacks S&P 500 composite's -7.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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