Greenlight Captial Re (GLRE) Misses Q4 EPS by 36c

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Go back to Greenlight Captial Re (GLRE) Misses Q4 EPS by 36c

Greenlight Re Announces Fourth Quarter and Year End 2014 Financial Results

February 17, 2015 4:10 PM EST

GRAND CAYMAN, Cayman Islands, Feb. 17, 2015 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) today announced financial results for the fourth quarter and year ended December 31, 2014. Greenlight Re reported net income of $60.7 million for the fourth quarter of 2014, compared to net income of $83.9 million for the same period in 2013. Fully diluted net income per share for the fourth quarter of 2014 was $1.60, compared to fully diluted net income per share of $2.22 for the same period in 2013.

Fully diluted adjusted book value per share was $30.76 as of December 31, 2014, a 10.2% increase from $27.91 per share as of... More