AmTrust Financial (AFSI) Reports Q4 Operating EPS of $0.38

AmTrust Financial (NASDAQ: AFSI) reported Q4 operating EPS of $0.38, versus $0.67 reported last year.

• Fourth quarter gross written premium of $1.91 billion and net earned premium of $1.22 billion, up 19% and 15%, respectively, from the fourth quarter 2015(1)
• Fourth quarter service and fee income of $151.0 million, up 26% from the fourth quarter 2015(1)
• Fourth quarter net income attributable to common stockholders of $98.7 million, or $0.57 per diluted share, compared to $59.7 million, or $0.35 per diluted share, in the fourth quarter 2015(1)
• Fourth quarter operating earnings(1)(2) of $66.3 million, or $0.38 per diluted share, compared to $115.7 million, or $0.67 per diluted share, in the fourth quarter 2015(1)(2)
• Current period net income attributable to common stockholders and operating earnings(1) include a reserve charge of $65.0 million, or approximately $0.24 per diluted share;
• Fourth quarter and full year combined ratio of 95.5% and 92.1%, respectively
• Full year 2016 capital returned to shareholders of $262.4 million, including $152.3 million of common share repurchases

For earnings history and earnings-related data on AmTrust Financial (AFSI) click here.

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