PICO Holdings (PICO) Reports Q1 Loss of $0.73

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PICO Holdings, Inc. Announces Results for the First Quarter of 2015

May 11, 2015 6:30 AM EDT

LA JOLLA, Calif., May 11, 2015 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) reported shareholders' equity of $409.4 million ($17.80 per share) at March 31, 2015, compared to $425.5 million ($18.50 per share) at December 31, 2014. Reported book value per share decreased by $0.70 during the first quarter of 2015.

First Quarter Segment Results of Operations

For the first quarter of 2015, we reported a net loss of $16.8 million ($0.73 per share), compared to a net loss of $13.2 million ($0.58 per share) in the first quarter of 2014. Our first quarter segment results of operations are as follows (in thousands):

  Three Months Ended... More

PICO Holdings, Inc. Announces Results for the First Quarter of 2015

May 11, 2015 6:30 AM EDT

LA JOLLA, Calif., May 11, 2015 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) reported shareholders' equity of $409.4 million ($17.80 per share) at March 31, 2015, compared to $425.5 million ($18.50 per share) at December 31, 2014. Reported book value per share decreased by $0.70 during the first quarter of 2015.

First Quarter Segment Results of Operations

For the first quarter of 2015, we reported a net loss of $16.8 million ($0.73 per share), compared to a net loss of $13.2 million ($0.58 per share) in the first quarter of 2014. Our first quarter segment results of operations are as follows (in thousands):

  Three Months Ended... More