Atlantic American Corp (AAME) Reports Q4 EPS of $0.06

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Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2014; Declares Annual Dividend

March 27, 2015 9:14 AM EDT

Operating income of $2.6 million in 2014 up from $2.5 million in 2013 Earned premiums up 5.4% in 2014 as compared to 2013 Declares annual $0.02 per share dividend payable on April 24, 2015

ATLANTA, March 27, 2015 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) today reported its results for the fourth quarter and year ended December 31, 2014. For the fourth quarter ended December 31, 2014, the Company reported net income of $1.3 million, or $0.06 per diluted share, down from $1.5 million, or $0.06 per diluted share, in the fourth quarter of 2013. The decrease was attributable to a decline in realized investment gains of $0.2 million. Premiums... More