StockNews.AI
HRTG
StockNews.AI
202 days

Heritage Provides Update on Fourth Quarter 2024 Financial Results and Estimated First Quarter 2025 Catastrophe Losses

1. HRTG estimates increased losses from Southern California wildfires in Q1 2025. 2. The update on Q4 2024 results may affect investor sentiment.

Earnings
-4.31%Current Return
VS
+0.54%S&P 500
$11.3701/29 04:18 PM EDTEvent Start
$10.8801/30 10:22 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

Increased catastrophe losses could weaken HRTG's financial position, similar to past wildfire impacts.

How important is it?

The loss estimates and earnings updates are crucial for HRTG's financial outlook.

Why Short Term?

Immediate financial results will reflect in Q1 2025, influencing short-term stock performance.

Related Companies

HRTG
TAMPA, Fla. , Jan. 29, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today provided an update on the Company's fourth quarter 2024 financial results as well as an estimate of catastrophe loss from the Southern California wildfires expected to be incurred in the first quarter 2025.

Related News