RenaissanceRe Reports Net Income of $146.8 Million for the Third Quarter of 2016 or $3.56 Per Diluted Common Share; Quarterly Operating Income of $87.0 Million or $2.09 Per Diluted Common Share

Go back to RenaissanceRe Reports Net Income of $146.8 Million for the Third Quarter of 2016 or $3.56 Per Diluted Common Share; Quarterly Operating Income of $87.0 Million or $2.09 Per Diluted Common Share

RenaissanceRe (RNR) Misses Q3 EPS by 10c

November 1, 2016 5:26 PM EDT

RenaissanceRe (NYSE: ) reported Q3 EPS of $2.09, $0.10 worse than the analyst estimate of $2.19. Revenue for the quarter came in at $442.46 million versus the consensus estimate of $422.91 million.

Kevin J. O'Donnell, CEO, commented: "We reported $146.8 million of net income and 3.9% growth in tangible book value per share plus accumulated... More