National General (NGHC) Misses Q1 EPS by 2c
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National General Holdings Corp. Reports First Quarter 2017 Results
May 8, 2017 7:00 AM EDTNEW YORK, May 08, 2017 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC) today reported first quarter 2017 net income of $34.1 million or $0.31 per diluted share, compared to $52.7 million or $0.49 per diluted share in the first quarter of 2016. First quarter 2017 operating earnings(1) was $41.3 million or $0.38 per diluted share, compared to $53.7 million or $0.50 per diluted share in the first quarter of 2016.
First Quarter 2017 Highlights Versus First Quarter 2016*
Net written premium grew $340.5 million or 45.7% to $1,085.0 million, driven by added premiums from the acquisitions of Direct General which... More