NYSE$HIPO

Hippo Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Hippo's growth strategy came to life, achieving significant growth in Total Generated Premium and Total Generated Premium In-Force and increasing full year guidance.

Hippo Holdings reported a strong Q2 performance, marked by a 101% year-over-year increase in Total Generated Premium, reaching $159 million. The company also surpassed $500 million of Total Generated Premium In Force and is increasing its full year guidance for Total Generated Premium from $544 million to $565 million.

  • Achieved 101% YoY growth in Total Generated Premium, reaching $159 million.
  • Increased full year guidance for Total Generated Premium from $544 million to $565 million.
  • Surpassed $500 million of Total Generated Premium In Force at the end of Q2, a 96% increase over the past year.
  • Launched new states, products, and distribution partnerships.

Headline financials

Total Revenue

-$2.07M

Previous: $11.9M-117.4%
EPS (adj)

-$11.50

Previous: -$50.16+77.1%
Net Loss Ratio

210.0%

Previous: 132.0%+59.1%
Free Cash Flow

$14.9M

No prior period
Net Income

-$84.5M

Previous: -$24.8M-240.7%
Operating Income

-$83.5M

Previous: -$21.3M-292.0%
Gross Profit

-$2.07M

Previous: $11.9M-117.4%
Cash & Equivalents

$364M

No prior period
Total Assets

$231M

No prior period
Stock-Based Comp

$2.8M

No prior period

Revenue & EPS history

Hippo Holdings · Revenue · Quarterly

-$2.07M

Q2 2021-117.4%vs Q2 2020
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Forward guidance

Hippo is increasing its full year guidance for Total Generated Premium from $544 million to between $560 and 570 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.9%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.2%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+35.6%

Q3 2023

Best reaction

-22.0%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-5.9%-10.3%
Q4 2025-5.3%-1.7%-12.3%
Q3 2025+5.5%-6.4%-15.2%
Q1 2025-15.9%-7.2%+13.4%
Q4 2024+2.3%-6.7%-23.3%
Q3 2024-3.3%+10.3%+69.8%
Q2 2024+18.5%+20.0%+15.9%
Q1 2024-0.1%-1.0%-3.9%
Q4 2023+27.6%+27.2%+66.3%
Q3 2023+35.6%+29.7%+23.7%
Q2 2023-22.0%-33.0%-29.3%
Q1 2023+7.1%+4.1%-9.2%
Q4 2022+0.1%-0.5%-2.2%
Q3 2022+4.1%-7.5%-9.4%
Q2 2022+10.9%+5.3%+15.6%
Q1 2022-17.2%-4.1%-26.6%
Q4 2021+1.0%-4.1%-2.6%
Q4 2020+2.0%-2.7%-30.1%
Q3 2021+2.0%-2.7%-30.1%
Q3 2020+2.0%-2.7%-30.1%
Q2 2021-11.8%-20.3%+2.7%
Q1 2021+0.2%+0.6%+0.8%
Q2 2020
Q1 2020

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