Baldwin & Lyons (BWINA) Reports Q1 EPS of $0.55

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Baldwin & Lyons Announces Results for the First Quarter of 2016

May 5, 2016 8:03 AM EDT

CARMEL, Ind., May 05, 2016 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (NASDAQ: BWINA) (NASDAQ: BWINB) today announced record first quarter after tax operating income, defined as net income before investment gains and losses, of $8.3 million, or $.55 per share, for the first quarter of 2016 compared to $3.8 million, or $.26 per share, during the first quarter of 2015.  Net investment gains for the first quarter of 2016, which include both realized and unrealized gains in the Companys limited partnership investments, were $5.9 million after tax, or $.39 per share, compared to net investment gains of $2.4... More