American National Insurance (ANAT) Reports Q3 EPS of $2.52

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American National Announces Third Quarter 2014 Results

October 28, 2014 10:55 AM EDT

GALVESTON, Texas, Oct. 28, 2014 (GLOBE NEWSWIRE) -- American National Insurance Company (Nasdaq: ANAT) announced third quarter 2014 net income of $67,884,000 or $2.52 per diluted share compared to net income of $82,613,000 or $3.07 per diluted share for the same period in 2013.

Third quarter after-tax operating income increased to $69,493,000 or $2.58 per diluted share, from $56,841,000 or $2.11 per diluted share for the same period in 2013. Each of our operating segments posted an increase in operating income for the quarter. After-tax operating income excludes realized investment earnings (losses) which is comprised of realized investment gains, equity in earnings of unconsolidated affiliates and income from... More