HCI Group reports Q4 adjusted EPS 31c vs $3.22 last year

Reports Q4 revenue $161.875M, consensus $175.11M. “Even with the hurricanes in 2024, HCI Group (HCI) is unwavering in its commitment to Florida and supporting our existing and new policyholders. As part of our ongoing efforts, we plan to keep rates flat for the foreseeable future,” said HCI Group Chairman and Chief Executive Officer Paresh Patel. “Given an increased level of catastrophe activity across the country, we are taking initial steps to make our best-in-class technology available to other carriers and in additional geographies.”