Argo Group International Holdings (ARGO) Reports Q1 EPS of $0.44

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Go back to Argo Group International Holdings (ARGO) Reports Q1 EPS of $0.44

Argo Group Reports 2021 First Quarter Results

May 3, 2021 4:18 PM EDT

Results Reflect Continued Underlying Margin Improvement and Strong Investment Income 

Underlying Margin Expansion: Strategic actions and favorable market conditions driving continued progress in current accident year, ex-catastrophe margins, including better loss and expense ratios. Strategic Growth: Underlying growth in targeted areas remains strong with positive rate increases continuing during the quarter. EPS Results: Net income of $0.78 per common share in the first quarter of 2021 compared to a net loss of $(0.72) per common share in the prior year quarter; operating income of $0.44 per common share in... More