earnings
confidence high
sentiment neutral
materiality 0.65
HCI Group Q4 2024 diluted EPS $0.23, full year $8.89; gross premiums up 38%
HCI Group, Inc.
2024-FY EPS reported
$8.89
revenue$750,051,000
- Q4 2024 diluted EPS $0.23, down from $3.40 in Q4 2023; adjusted EPS $0.31.
- Full year 2024 diluted EPS $8.89, up from $7.62 in 2023; adjusted EPS $8.75.
- Gross premiums earned Q4 $297.5M (+38% YoY); full year $1,083.2M (+41.5%).
- Q4 net loss from Hurricane Milton $78.0M; full year hurricane losses total $127.5M.
- Plans to keep rates flat; expanding technology to other carriers and geographies.