Navigators Group (NAVG) Tops Q2 EPS by 25c

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Go back to Navigators Group (NAVG) Tops Q2 EPS by 25c

Navigators Reports Record Net Income in Second Quarter 2018

August 8, 2018 4:01 PM EDT

STAMFORD, Conn., Aug. 08, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ: NAVG) reported Net Income of $32.1 million, or $1.07 per diluted share, for the three months ended June 30, 2018 compared to $20.5 million, or $0.69 per diluted share, for the same period in 2017. Net Operating Earnings1 were $27.6 million, or $0.92 per diluted share, for the three months ended June 30, 2018 compared to $19.7 million, or $0.66 per diluted share, for the same period in 2017.

Gross Written Premiums and Net Written Premiums for the three months ended June 30, 2018 were $497.2 million and $379.3 million, respectively, increasing 10.0% and 13.8%,... More