Greenlight Captial Re (GLRE) Tops Q4 EPS Views

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Go back to Greenlight Captial Re (GLRE) Tops Q4 EPS Views

Greenlight Re Announces Fourth Quarter and Year End 2015 Financial Results

February 22, 2016 4:05 PM EST

GRAND CAYMAN, Cayman Islands, Feb. 22, 2016 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the fourth quarter and year ended December 31, 2015.  Greenlight Re reported a net loss of $43.1 million for the fourth quarter of 2015, compared to net income of $60.7 million for the same period in 2014.  The net loss per share for the fourth quarter of 2015 was $1.17, compared to fully diluted net income per share of $1.60 for the same period in 2014.

Fully diluted adjusted book value per share was $22.17 as of December 31, 2015, a 27.9% decrease from... More