PICO Holdings Inc. (PICO) Reports Q2 EPS of $0.18

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Go back to PICO Holdings Inc. (PICO) Reports Q2 EPS of $0.18

PICO Holdings, Inc. Announces Results for the Second Quarter and First Half of 2014

August 11, 2014 7:06 PM EDT

LA JOLLA, Calif., Aug. 11, 2014 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) reported shareholders' equity of $464.5 million ($20.40 per share) at June 30, 2014, compared to $461.4 million ($20.29 per share) at March 31, 2014 and $472.9 million ($20.79 per share) at December 31, 2013.

SECOND QUARTER SEGMENT RESULTS OF OPERATIONS

For the second quarter of 2014, PICO reported net income of $1.8 million ($0.08 per share), compared to a net loss of $7.7 million ($0.34 per share) in the second quarter of 2013. Our second quarter segment results of operations are (in thousands):

  2014 2013 REVENUE BY OPERATING SEGMENT:     Water Resource and Water Storage Operations... More