Conifer Holdings (CNFR) Reports Q1 Loss of $0.08

Conifer Holdings (NASDAQ: CNFR) reported Q1 EPS of ($0.08), versus $0.02 reported last year.

James Petcoff, Chairman and CEO, commented, “With the planned changes in our premium mix largely in place, Conifer is in a much better position to selectively grow our top line and achieve greater scale in 2019. We have begun to see favorable trends that will help grow our commercial lines premiums, and are committed to lowering our expense ratio by first reducing our absolute cost, growing our earned premium base, and allowing the Company to achieve greater operating efficiency over time. We believe this will ultimately help to drive long-term sustainable profitability and deliver positive shareholder returns.”

For earnings history and earnings-related data on Conifer Holdings (CNFR) click here.

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