National General (NGHC) Tops Q4 EPS by 5c

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National General Holdings Corp. Reports Fourth Quarter 2014 Results; Operating Earnings(1) Per Share Grows 106% to $0.30

February 10, 2015 4:08 PM EST

NEW YORK, Feb. 10, 2015 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) today reported fourth quarter 2014 operating earnings(1) of $28.3 million or $0.30 per diluted share, compared to $11.6 million or $0.14 per diluted share in the fourth quarter of 2013. Net income was $11.2 million or $0.12 per diluted share, compared to $7.9 million or $0.10 per diluted share in the fourth quarter of 2013.

Full year 2014 operating earnings(1) were $125.3 million or $1.34 per diluted share, compared to $46.2 million or $0.67 per diluted share in 2013. Full year 2014 net income was $100.0 million or $1.07 per diluted share, compared to $40.2 million or $0.59 per diluted share in 2013.

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