AmTrust Financial (AFSI) Tops Q1 EPS by 4c
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AmTrust Financial Services, Inc. Reports First Quarter 2016 Operating Earnings Per Diluted Share(1)(2) of $0.77 and Net Income Per Diluted Share(2) of $0.56
May 3, 2016 7:00 AM EDTBook Value Per Common Share(2) of $14.35, Up 20% Since March 31, 2015Â
Financial Highlights
First Quarter 2016
Gross written premium of $1.93 billion, up 12% compared to $1.73 billion in the first quarter 2015Net earned premium of $1.07 billion, up 13% from $0.95 billion in the first quarter 2015Â Operating diluted EPS(1)(2) of $0.77 compared to $0.73 in the first quarter 2015Diluted EPS(2) of $0.56 compared to $0.93 in the first quarter 2015Annualized operating return on common equity(1) of 22.1% and annualized return on common equity of 16.2%Service and fee income of $144.2 million, up 28% from $112.9 million in... More