AmTrust Financial (AFSI) Tops Q3 EPS by 2c

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AmTrust Financial Services, Inc. Reports Third Quarter 2016 Net Income Per Diluted Share(2) of $0.60 and Operating Earnings Per Diluted Share(1)(2) of $0.73  

November 3, 2016 7:01 AM EDT

Book Value Per Common Share(2) of $15.30, Up 18.5% Since September 30, 2015Annualized Return on Common Equity of 15.9% and Annualized Operating Return on Common Equity(1) of 19.4%

Financial Highlights

Third Quarter 2016

        Gross written premium of $2.03 billion, up 14.2% compared to $1.78 billion in the third quarter 2015         Net earned premium of $1.20 billion, up 14.4% from $1.05 billion in the third quarter 2015         Net income attributable to common stockholders of $103.6 million compared to $182.7 million in the third quarter 2015         Operating earnings(1) of $126.3 million compared to $150.9 million in the third quarter 2015         Diluted EPS(2) of $0.60 compared to $1.09 in the third quarter 2015         Operating diluted... More