Baldwin & Lyons (BWINA) Reports Q4 EPS of $1.10

Note: EPS may not be comparable

Baldwin & Lyons (NASDAQ: BWINA) reported Q4 EPS of $1.10. Revenue for the quarter came in at $108.41 million.

• Net income of $16.5 million, or $1.10 per share for the fourth quarter of 2017 compared to net income of $4.9 million, or $0.32 per share, for the prior year
• Net income during the fourth quarter of 2017 included an estimated tax benefit from reduced corporate tax rates of $9.6 million, or $0.64 per share
• Gross premiums written during 2017 increased 25.2% to $504.7 million compared to $403.0 million during 2016.
• Combined ratio during the fourth quarter of 2017 was 99.3%, compared to 104.5% during the fourth quarter of 2016.

For earnings history and earnings-related data on Baldwin & Lyons (BWINA) click here.

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