PICO Holdings (PICO) Reports Q4 Loss of $0.05/Share

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PICO Holdings, Inc. Announces Fourth Quarter and Full Year 2015 Results

March 14, 2016 9:01 AM EDT

LA JOLLA, Calif., March 14, 2016 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ: PICO) reported results for the fourth quarter and full year ended December 31, 2015.  PICO reported shareholders' equity of $346.4 million ($15.04 per share) at December 31, 2015, compared to $347.2 million ($15.08 per share) at September 30, 2015 and $425.5 million ($18.50 per share) at December 31, 2014.

Fourth Quarter Segment Results of Operations

For the fourth quarter of 2015, PICO reported a net loss of $1.2 million ($0.05 per share), compared to a net loss of $31.1 million ($1.36 per share) in the fourth quarter of 2014.  Our fourth quarter segment results of operations... More

UCP Reports Fourth Quarter and Full Year 2015 Results

March 14, 2016 7:00 AM EDT

- Net Income Increases to $0.40 Per Share in Fourth Quarter 2015 -

- Higher Revenue, Improved Gross Margin, Significant SG&A Leverage Drive Enhanced Earnings in Full Year 2015 -

SAN JOSE, Calif.--(BUSINESS WIRE)-- UCP, Inc. (NYSE: UCP) today announced its results of operations for the three months and full year ended December 31, 2015.

Fourth Quarter 2015 Highlights Compared to Fourth Quarter 2014

Net income increased to $7.6 million, or net income attributable to shareholders of UCP of $0.40 per share Total consolidated revenue grew 131.3% to $106.9... More