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Universal Insurance Q2 2023 Earnings Report

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$23.40 +0.56 (+2.43%)
As of 03/28/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Universal Insurance EPS Results

Actual EPS
$0.87
Consensus EPS
$0.78
Beat/Miss
Beat by +$0.09
One Year Ago EPS
N/A

Universal Insurance Revenue Results

Actual Revenue
$339.57 million
Expected Revenue
$324.79 million
Beat/Miss
Beat by +$14.78 million
YoY Revenue Growth
N/A

Universal Insurance Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Universal Insurance Earnings Headlines

Universal Insurance (NYSE:UVE) Downgraded by StockNews.com to Buy
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Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week, President Trump promised to buy a Tesla to help support Musk in the face of a boycott against his company. But according to one research group, with connections to the Pentagon and the U.S. government, Elon's preparing to strike back in a much bigger way in the days ahead.
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About Universal Insurance

Universal Insurance (NYSE:UVE), together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for various carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.

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