James River Announces Second Quarter 2019 Results and Patricia H. Roberts' Appointment to Board of Directors

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James River Group (JRVR) Tops Q2 EPS by 1c, Revenues Beat; Appoints Patricia H. Roberts to Board

July 31, 2019 5:49 PM EDT

James River Group (NASDAQ: JRVR) reported Q2 EPS of $0.66, $0.01 better than the analyst estimate of $0.65. Revenue for the quarter came in at $220.37 million versus the consensus estimate of $213.34 million.

Second Quarter 2019 Net Income of $20.3 million -- $0.66 per diluted share -- a 20% increase over the second quarter of 2018, and Adjusted Net Operating Income of $20.2 million -- $0.66 per diluted share -- a 15% increase over the second quarter of 201881% growth in Core (Non-Commercial Auto) Excess & Surplus Lines Gross Written Premium versus the prior year quarterYear-do-date 2019 annualized Adjusted Net Operating Return on Average Tangible... More