Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
The Hanover Insurance (THG)
:THG
Holding THG?
Track your performance easily
Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.4Last Year’s EPS
3.13Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: 3.81%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant profitability improvements and strategic growth across all segments, despite challenges from catastrophe losses and a heightened expense ratio.Company Guidance
During The Hanover Insurance Group's Q3 2024 earnings call, the company provided guidance reflecting strong performance across its segments and optimism for continued improvement. The company reported an operating income of $3.05 per diluted share, with an operating return on equity of 14.4%. Their ex-catastrophe combined ratio improved by 2.4 points year-over-year, standing at 88.3% for the quarter and 88.7% year-to-date, surpassing the original guidance range of 90% to 91%. The guidance highlighted a full-year ex-CAT combined ratio expected to be below the initial range, with net written premium growth projected to exceed 6% in Q4. The company also noted strategic efforts in pricing, insurance-to-value adjustments, and liability pricing, positioning them well for future growth and profitability. Additionally, Hanover anticipates continued improvements in Personal Lines, expecting them to reach target profitability on an earned basis by mid-2025, and foresees growth in Specialty lines, particularly in E&S, surety, and management liability.Exceptional Third Quarter Results
Operating income of $3.05 per diluted share with a 14.4% operating return on equity. Ex-CAT combined ratio improved by 2.4 points year-over-year.
Personal Lines Improvement
Premium growth of 6.8% in Personal Lines driven entirely by pricing. Significant improvements in auto and home lines with auto reaching target returns.
Specialty Segment Success
Specialty business achieved bottom-line results with a combined ratio of 82.6% and a year-to-date growth of 7.4% excluding programs.
Core Commercial Growth
Solid financial performance in Small Commercial with growth of approximately 6%. Liability pricing increased leading to cautious optimism for 2025.
Investment Income Growth
Net investment income increased by 9% year-over-year to $91.8 million, driven by higher earned yields on fixed income portfolio.
Improved Guidance
Anticipated full-year ex-CAT combined ratio to be below original guidance range of 90% to 91% due to significant performance improvements.
---
THG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
THG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $150.55 | $147.47 | -2.05% |
| Jul 31, 2024 | $135.89 | $133.46 | -1.79% |
| May 01, 2024 | $128.73 | $128.27 | -0.36% |
| Jan 31, 2024 | $128.74 | $128.13 | -0.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does The Hanover Insurance (THG) report earnings?
The Hanover Insurance (THG) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is The Hanover Insurance (THG) earnings time?
The Hanover Insurance (THG) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THG EPS forecast?
THG EPS forecast for the fiscal quarter 2024 (Q4) is 3.4.
---