United Insurance Holdings (UIHC) Tops Q2 EPS by 4c

August 1, 2018 4:04 PM EDT
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United Insurance Holdings (NASDAQ: UIHC) reported Q2 EPS of $0.36, $0.04 better than the analyst estimate of $0.32.

"This was a solid quarter for UPC," said John Forney, President & CEO of UPC Insurance. "We continued to show strong and balanced organic growth across our geographic footprint, and produced record levels of written and earned premium for the quarter. On the loss side, despite retaining over $17 million of catastrophe losses, we posted our best Q2 earnings performance ever, and the second best earnings of any quarter in company history, behind only last year's Q4, when we retained only $1.3 million in catastrophe losses. I\'m proud of the progress we are making, and excited for the rest of the year."

For earnings history and earnings-related data on United Insurance Holdings (UIHC) click here.



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