Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of HCI Group Are Rising

TheMotleyFool

0 0

Shares of the insurance and real estate company HCI Group (NYSE: HCI) had risen roughly 11% as of 1:17 p.m. ET Wednesday after the company reported earnings results for the fourth quarter of 2021.

HCI Group reported diluted earnings per share of $0.01 on total revenue of $112.3 million. Excluding net unrealized gains, HCI reported a net loss of $0.14 earnings per share. However, analysts had been projecting an adjusted net loss of $0.38, so the company beat estimates. HCI also beat analyst expectations for revenue.

Image source: Getty Images.

Source Fool.com

Like: 0

HCI

Share