Alterra Capital Holdings Limited (ALTE) Tops Q4 EPS by 4c; Raises Buyback by $200M, Declares $0.12/Sh Qtr Dividend
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Alterra Capital Holdings Limited (NASDAQ: ALTE) reported Q4 EPS of $0.66, $0.04 better than the analyst estimate of $0.62. Revenue for the quarter came in at $414.5 million versus the consensus estimate of $377.47 million.
Alterra Capital also announced that its Board of Directors authorized an increase in the share repurchase plan of $200.0 million.
The company also declared a dividend of $0.12 per share. The dividend is payable on March 8, 2011, to shareholders of record as of February 22, 2011.
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Alterra Capital also announced that its Board of Directors authorized an increase in the share repurchase plan of $200.0 million.
The company also declared a dividend of $0.12 per share. The dividend is payable on March 8, 2011, to shareholders of record as of February 22, 2011.
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