Atlantic American (AAME) Reports Q1 EPS of $0.04
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Atlantic American Reports First Quarter Results
May 12, 2016 9:14 AM EDTPre-tax income for the 1st quarter of 2016 increases 36.2% from the 1st quarter of 2015.Insurance premiums increase 2.9% with increases in both the life and health and property and casualty operations.Â
ATLANTA, May 12, 2016 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) today reported first quarter 2016 net income of $0.9 million or $0.04 per common share as compared to $0.7 million or $0.03 per common share in the first quarter of 2015. Pre-tax income was up 36.2% as compared to the 2015 first quarter; however, a higher effective tax rate in the first quarter of 2016 resulted in a... More
