Universal Insurance: Q4 Earnings Snapshot
Universal Insurance Holdings Inc. (UVE) on Thursday reported net income of $25.1 million in its fourth quarter. On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of 82 cents. Earnings, adjusted for non-recurring gains, were 72 cents per share. The property and casualty insurance company posted revenue of $330.4 million in the period. For the year, the company reported a loss of $22.3 million, or 72 cents per share. Revenue was reported as $1.22 billion
By AP News
Published - Feb 23, 2023, 05:30 PM ET
Last Updated - Apr 30, 2024, 12:33 PM EDT
FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Thursday reported net income of $25.1 million in its fourth quarter.
On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of 82 cents. Earnings, adjusted for non-recurring gains, were 72 cents per share.
The property and casualty insurance company posted revenue of $330.4 million in the period.
For the year, the company reported a loss of $22.3 million, or 72 cents per share. Revenue was reported as $1.22 billion.
