Axis Capital (AXS) Tops Q4 EPS by 27c

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AXIS Capital Reports Fourth Quarter Net Income Available to Common Shareholders of $131 Million, or $1.48 Per Diluted Common Share

February 1, 2017 4:15 PM EST

For the fourth quarter of 2016 the Company reports:

Non-GAAP operating income1 of $101 million, or $1.14 per diluted common share Annualized return on average common equity of 9.9% Annualized non-GAAP operating return on average common equity of 7.6% Diluted book value per common share of $58.27

For the year ended 2016 the Company reports:

Non-GAAP operating income of $410 million, or $4.48 per diluted common share Return on average common equity of 9.0%... More