Protective Insurance Corporation (PTVCA) Reports Q3 Loss of $0.82

November 7, 2018 9:04 AM EST
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Price: $0.49 +2.08%

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Protective Insurance Corporation (NASDAQ: PTVCA) reported Q3 EPS of ($0.82).

  • The Company produced a third quarter net loss of $12.3 million, or $0.82 per share, which compares to net income of $7.4 million, or $0.49 per share, for the prior year’s third quarter.
  • Gross premiums written increased 5.5% for the third quarter of 2018 compared to the prior year and 19.2% during the first nine months of 2018 compared to the prior year.
  • Net investment income increased 38.5% for the third quarter of 2018 compared to the prior year and 28.8% during the first nine months of 2018 compared to prior year
  • Combined ratio of 124.3% for the third quarter of 2018 and 107.2% for the first nine months of 2018.

For earnings history and earnings-related data on Protective Insurance Corporation (PTVCA) click here.



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