Hartford Finl Servs Gr (NYSE:HIG) is set to give its latest quarterly earnings report on Thursday, 2022-02-03. Here's what investors need to know before the announcement.
Analysts estimate that Hartford Finl Servs Gr will likely report an Earnings Per Share (EPS) of $1.52.
Hartford Finl Servs Gr bulls will hope to hear the company to 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).
Historical Earnings Performance
Last quarter the company beat EPS by $0.40, which was followed by a 1.15% drop in the share price the next day.
Here's a look at Hartford Finl Servs Gr's past performance and the resulting price change:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.86 | 1.33 | 1.23 | 1.33 |
EPS Actual | 1.26 | 2.33 | 0.56 | 1.76 |
Price Change % | -1.15% | 3.86% | 2.51% | -0.98% |
Stock Performance
Shares of Hartford Finl Servs Gr were trading at $72.12 as of February 01. Over the last 52-week period, shares are up 42.44%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
If you want to track all upcoming earnings announcements, check out our Earnings Calendar here