HCI Group Full Year 2024 Earnings: EPS Beats Expectations

HCI Group (NYSE:HCI) Full Year 2024 Results

Key Financial Results

• Revenue: US$750.1m (up 36% from FY 2023).
• Net income: US$110.0m (up 44% from FY 2023).
• Profit margin: 15% (in line with FY 2023).
• EPS: US$10.59 (up from US$9.13 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

HCI Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are up 12% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on HCI Group's balance sheet.

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