Hippo Holdings Inc (HIPO) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Improved ... [Yahoo! Finance]
Hippo Holdings Inc. (HIPO)
Company Research
Source: Yahoo! Finance
Net Earned Premium: Rose to 75% of gross earned premium in HHIP business, up from 23% a year ago. HHIP Accident Period Loss Ratio: Improved by 22 percentage points to 70% from 92% in Q3 of last year. Net Loss: $8.5 million, an 84% improvement versus Q3 of 2023. Adjusted EBITDA Loss: $7.5 million, an 81% improvement versus Q3 of 2023. Operating Expenses: Declined by $17 million year over year, a decrease of 33%. Cash and Investments: Increased by $54 million to $545 million at the end of Q3. Warning! GuruFocus has detected 3 Warning Sign with HIPO. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Hippo Holdings Inc ( NYSE:HIPO ) reported a significant year-over-year improvement in its HHIP non-weather loss ratio, marking the best performance in this metric to date. The company expanded its home builder access program in key states like California, Florida, and Texas, expecting to pro
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HIPO
News
- Hippo Appoints Andrea Collins as Chief Marketing OfficerPR Newswire
- Hippo Holdings Inc. (NYSE: HIPO) had its price target raised by analysts at JMP Securities from $25.00 to $35.00. They now have a "market outperform" rating on the stock.MarketBeat
- Hippo Holdings Inc. (HIPO) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Centana Growth Partners Acquires Majority Stake in Hippo’s First Connect Insurance ServicesBusiness Wire
- Hippo Reports Third Quarter 2024 Financial ResultsPR Newswire
HIPO
Earnings
- 11/11/24 - Miss
HIPO
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- HIPO's page on the SEC website