Validus Holdings (VR) Tops Q4 EPS by 7c

Go back to Validus Holdings (VR) Tops Q4 EPS by 7c

Validus Reports 2016 Full Year Net Income Available to Validus Common Shareholders of $359.4 Million, or $4.36 Per Diluted Common Share and a 9.7% Return on Average Equity for the 2016 Year

February 2, 2017 4:16 PM EST

PEMBROKE, Bermuda--(BUSINESS WIRE)-- Validus Holdings, Ltd. (Validus or the Company) (NYSE: VR) today reported net income available to Validus common shareholders of $7.8 million, or $0.10 per diluted common share, for the three months ended December 31, 2016, compared to $69.0 million, or $0.81 per diluted common share, for the three months ended December 31, 2015. Net income available to Validus common shareholders was $359.4 million, or $4.36 per diluted common share, for the year ended December 31, 2016, compared to $374.9 million, or $4.34 per diluted common share, for the year ended December 31, 2015.

Net operating income available to Validus common shareholders was $64.3 million, or $0.80 per... More