Exzeo Group (NYSE:XZO) Posts Earnings Results, Beats Estimates By $0.04 EPS

Exzeo Group (NYSE:XZO) announced its quarterly earnings results on Wednesday. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04, Zacks reports.

Exzeo Group Trading Up 3.6%

NYSE:XZO traded up $0.63 during mid-day trading on Wednesday, hitting $18.08. 239,279 shares of the stock traded hands, compared to its average volume of 302,633. Exzeo Group has a 52 week low of $12.91 and a 52 week high of $21.75.

Analyst Ratings Changes

XZO has been the topic of several research reports. Zacks Research upgraded shares of Exzeo Group to a “hold” rating in a research report on Tuesday, December 2nd. Truist Financial initiated coverage on shares of Exzeo Group in a report on Monday, December 1st. They issued a “buy” rating and a $25.00 target price on the stock. William Blair began coverage on shares of Exzeo Group in a research report on Monday, December 1st. They set an “outperform” rating on the stock. Wall Street Zen raised shares of Exzeo Group to a “hold” rating in a report on Monday, November 17th. Finally, Citizens Jmp started coverage on Exzeo Group in a research report on Monday, December 1st. They issued a “market outperform” rating and a $27.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $26.00.

About Exzeo Group

Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo’s Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain.