Axis Capital (AXS) Misses Q1 EPS by 6c

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Go back to Axis Capital (AXS) Misses Q1 EPS by 6c

AXIS Capital Reports First Quarter Net Income of $98 Million, or $1.16 Per Diluted Common Share; Ex-PGAAP Operating Income of $112 Million, or $1.33 Per Diluted Common Share

April 24, 2019 4:15 PM EDT

For the first quarter of 2019, the Company reports:

Annualized return on average common equity of 8.9% and annualized ex-PGAAP operating return on average common equity of 10.2% Book value per diluted common share of $52.84, an increase of $2.91, or 5.8% compared to December 31, 2018. Financial impact of $30 million attributable to Typhoons Jebi and Trami consistent with updated industry insured loss estimates

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE: AXS) today reported net income available to common shareholders... More