Validus Holdings (VR) Tops Q3 EPS by 3c
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Validus Reports Net Income Available to Validus Common Shareholders of $89.8 Million, or $1.11 Per Diluted Share and a 9.7% Annualized Return on Average Equity for the Third Quarter of 2016
October 27, 2016 4:17 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Validus Holdings, Ltd. (Validus or the Company) (NYSE: VR) today reported net income available to Validus common shareholders of $89.8 million, or $1.11 per diluted common share, for the three months ended September 30, 2016, compared to $66.7 million, or $0.78 per diluted common share, for the three months ended September 30, 2015. Net income available to Validus common shareholders was $351.6 million, or $4.24 per diluted common share, for the nine months ended September 30, 2016, compared to $305.9 million, or $3.52 per diluted common share, for the nine months ended September 30, 2015.
Net operating income available to Validus common shareholders was $82.6 million, or $1.02... More
