Universal Insurance (UVE) Tops Q4 EPS by 10c
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Universal Insurance Holdings, Inc. Reports Record Fourth Quarter and Full-Year 2015 Financial Results
February 24, 2016 4:47 PM ESTFORT LAUDERDALE, Fla., Feb. 24, 2016 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) today reported record fourth quarter net income in 2015 of $29.2 million, an increase of 39.0%, or $8.2 million, over the same period in 2014. Diluted earnings per share (EPS) were $0.82 for the fourth quarter of 2015, an increase of 39.0%, or $0.23 per share, over the same quarter in 2014. This compares to net income of $21.0 million, or $0.59 per diluted share, for the same period in 2014.
For the full year 2015, the Company reported record net income of $106.5 million, an increase of $33.5 million, or 45.9%... More
