AmTrust Financial (AFSI) Misses Q1 EPS by 28c
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AmTrust Financial Services, Inc. Reports First Quarter 2017 Net Income Per Diluted Share of $0.13 and Operating Earnings Per Diluted Share(1) of $0.32, Including Catastrophe Losses of $0.10 Per Dilute
May 8, 2017 4:30 PM EDTBook Value Per Common Share of $13.91, Up 0.7% Since December 31, 2016First Quarter Annualized Return on Common Equity and Annualized Operating Return on Common Equity(1) of 3.8% and 9.4%, Respectively
First Quarter 2017 Highlights
First quarter gross written premium of $2.3 billion and net earned premium of $1.2 billion, up 17.2% and 13.8%, respectively, from the first quarter 2016(2)First quarter service and fee income of $137.5 million, up 6.7% from the first quarter 2016(2)First quarter net income attributable to common stockholders of $22.6 million, or $0.13 per diluted share, compared to $84.0 million, or $0.47 per diluted share, in the first... More