National Interstate (NATL) Tops Q2 EPS by 5c

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Go back to National Interstate (NATL) Tops Q2 EPS by 5c

National Interstate Corporation Reports 2015 Second Quarter Results

August 4, 2015 4:15 PM EDT

RICHFIELD, Ohio, Aug. 4, 2015 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq: NATL) today reported net income per share of $0.33 for the 2015 second quarter and $0.69 for the first six months of 2015, both of which improved compared to the net loss that was reported for the same periods in 2014. Gross premiums written of $185.7 million for the three month period ended June 30, 2015, increased 2% over the same quarter in 2014, while 2015 year-to-date gross premiums written of $340.3 million were 2% below the comparable 2014 six month period.

Earnings

The Company's net income (loss), determined in accordance with U.S.... More