National General (NGHC) Tops Q4 EPS by 11c, Revenues Beat

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National General Holdings Corp. Reports 2019 Results

February 20, 2020 4:06 PM EST

NEW YORK, Feb. 20, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported fourth quarter 2019 net income of $98.4 million or $0.85 per diluted share, compared to net income of $17.3 million or $0.16 per diluted share in the fourth quarter of 2018. Fourth quarter 2019 operating earnings (non-GAAP)(1) was $83.1 million or $0.72 per diluted share compared to $33.6 million or $0.30 per diluted share in the fourth quarter of 2018.

Full year 2019 net income was $314.5 million or $2.73 per diluted share, compared to net income of $174.9 million or $1.59 per diluted share in 2018. 2019 operating earnings (non-GAAP)(1) was $319.2 million or $2.75 per diluted... More