share_log

What to Expect From Hanover Insurance Gr's Earnings

Benzinga ·  Oct 30 00:01

Hanover Insurance Gr (NYSE:THG) will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Hanover Insurance Gr to report an earnings per share (EPS) of $2.46.

Hanover Insurance Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.31, leading to a 1.79% drop in the share price the following trading session.

Here's a look at Hanover Insurance Gr's past performance and the resulting price change:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate1.572.712.730.19
EPS Actual1.883.083.130.19
Price Change %-2.0%-0.0%-0.0%-2.0%
bigjpg

Tracking Hanover Insurance Gr's Stock Performance

Shares of Hanover Insurance Gr were trading at $149.15 as of October 28. Over the last 52-week period, shares are up 23.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Hanover Insurance Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment