The Hanover Insurance Group, Inc. (NYSE:THG) is set to announce second quarter earning results on Tuesday 28th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, THG to report 2Q20 income of $ 1.12 per share.
For the full year, analysts anticipate top line of $ 4553.40 million, while looking forward to income of $ 7.67 per share bottom line.
Previous Quarter Performance
The Hanover Insurance Group, Inc. revealed income for the first quarter of $ 2.23 per share, from the revenue of $ 1,137.00 million. The quarterly earnings enlarged 13.78 percent while revenues raised 3.55 percent compared with the same quarter last year.
The consensus estimates are income of $ 2.03 per share from $ 1154.77 million in revenue. The bottom line results beat street analysts by $ 0.2 or 9.85 percent, at the same time, top line results fell short of analysts by $ 17.77 million or 1.54 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of The Hanover Insurance Group, Inc.
Stock Performance
According to the previous trading day, closing price of THG was $ 98.31, representing a 30.89 % increase from the 52 week low of $ 75.11 and a 32.06 % decrease over the 52 week high of $ 144.71.
The company has a market capital of $ 3.74 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.65 per share on May 29, 2020. The dividend were payable on June 26, 2020 to holders of record as of the close of business on June 12, 2020 and ex-dividend date on June 11, 2020.
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers compensation, umbrella, healthcare, mono-line general liability, and miscellaneous commercial property insurance products; and other commercial coverages, including inland marine, specialty program business, management and professional liability, surety, and specialty property.
