Baldwin & Lyons (BWINA) Reports Q1 EPS of $0.55
Get Alerts BWINA Hot Sheet
Financial Fact:
Losses and loss expenses incurred: 56.83M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Baldwin & Lyons (NASDAQ: BWINA) reported Q1 EPS of $0.55, versus $0.26 reported last year. Revenue for the quarter came in at $80.73 million, versus $74.3 million reported last year.
Premiums written by the Company’s insurance subsidiaries for the current quarter were $96.2 million, slightly lower than the $97.0 million written during the first quarter of 2015, reflecting the continuing, planned reductions in the Company’s reinsurance, personal automobile and professional liability exposures. Premiums written for the Company’s core Fleet Transportation products increased $5.3 million, or 6.3% quarter over quarter.
Net premium earned for the first quarter of 2016 was $66.9 million, slightly higher than last year’s first quarter total, driven by a 9.5% increase in premium earned from Fleet Transportation products, partially offset by declines in discontinued products.
For earnings history and earnings-related data on Baldwin & Lyons (BWINA) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Gaming and Leisure Properties (GLPI) Misses Q1 EPS by 6c
- Universal Logistics Holdings, Inc. (ULH) Tops Q1 EPS by 136c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!