HCI Group (NYSE: HCI) reported Q3 EPS of $1.23, $0.13 better than the analyst estimate of $1.10.

"Our strong third quarter results reflect our strict underwriting guidelines and unrelenting focus on profitability," said Paresh Patel, HCI Group's chairman and chief executive officer. "The consistent results of our insurance division coupled with our strong balance sheet position us to take advantage of accretive growth opportunities in the market."

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