Third Point Reinsurance Ltd. (TPRE) Misses Q1 EPS by 3c

Third Point Reinsurance Ltd. (NYSE: TPRE) reported Q1 EPS of ($0.26), $0.03 worse than the analyst estimate of ($0.23).

• Third Point Re reported a net loss available to common shareholders of $26.0 million, or $(0.26) per diluted common share, for the three months ended March 31, 2018, compared to net income of $104.2 million, or $0.98 per diluted common share, for the three months ended March 31, 2017.
• For the three months ended March 31, 2018, diluted book value per share decreased by $0.26 per share, or 1.7%, to $15.39 per share as of March 31, 2018, from $15.65 per share as of December 31, 2017.

For earnings history and earnings-related data on Third Point Reinsurance Ltd. (TPRE) click here.

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