United Insurance Holdings (UIHC) Misses Q3 EPS by 16c

November 1, 2016 4:48 PM EDT
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United Insurance Holdings (NASDAQ: UIHC) reported Q3 EPS of $0.16, $0.16 worse than the analyst estimate of $0.32.

"We had a terrific top line and strong organic growth during the third quarter," said John Forney, President & CEO of UPC Insurance. "However, it was a difficult quarter for us on the loss side. Although Hurricane Hermine and the Louisiana storms certainly affected the quarter, the bulk of our loss ratio deterioration was caused by spikes in fire and hail losses in Florida and our Northeast region."

For earnings history and earnings-related data on United Insurance Holdings (UIHC) click here.

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