American National Insurance (ANAT) Q2 EPS Slips to $2.12
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American National Announces Second Quarter 2014 Results
July 28, 2014 4:30 PM EDTGALVESTON, Texas, July 28, 2014 (GLOBE NEWSWIRE) -- American National Insurance Company (Nasdaq: ANAT) announced second quarter 2014 net income of $57,261,000 or $2.12 per diluted share compared to net income of $58,169,000 or $2.16 per diluted share for the same period in 2013.
Second quarter after-tax operating income increased to $43,526,000 or $1.61 per diluted share, as compared with $31,109,000 or $1.15 per diluted share for the same period in 2013. The increase in operating income was primarily driven by lower consolidated expenses along with improved claim experience and growth in premiums from our property and casualty segment. After-tax operating income excludes Realized Investment Earnings... More
