Investing.com - HCI Group Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
HCI Group Inc announced earnings per share of $-5.62 on revenue of $126.7M. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $139.58M.
HCI Group Inc shares are down 35% from the beginning of the year, still down 75.25% from its 52 week high of $139.80 set on November 12, 2021.
HCI Group Inc follows other major Financial sector earnings this month
HCI Group Inc's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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