Skip to main content

Universal Insurance: Q4 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Tuesday reported profit of $66.6 million in its fourth quarter.

On a per-share basis, the Fort Lauderdale, Florida-based company said it had net income of $2.28. Earnings, adjusted for non-recurring gains, came to $2.17 per share.

The property and casualty insurance company posted revenue of $407.9 million in the period.

For the year, the company reported profit of $183 million, or $6.32 per share. Revenue was reported as $1.6 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UVE at https://www.zacks.com/ap/UVE

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary