Analysts on Wall Street project that The Hartford Insurance Group ( HIG - Free Report ) will announce quarterly earnings of $2.13 per share in its forthcoming report, representing a decline of 9% year over year. Revenues are projected to reach $4.84 billion, increasing 11.6% from the same quarter last year. The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.