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United Insurance Holdings Third Quarter 2022 Earnings: US$1.65 loss per share (vs US$0.33 loss in 3Q 2021)

Simply Wall St
·1 min read

United Insurance Holdings (NASDAQ:UIHC) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$123.8m (down 24% from 3Q 2021).

  • Net loss: US$70.9m (loss widened by 395% from 3Q 2021).

  • US$1.65 loss per share (further deteriorated from US$0.33 loss in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Insurance Holdings shares are down 20% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for United Insurance Holdings (2 make us uncomfortable!) that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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