Skip to main content

American Coastal: Q1 Earnings Snapshot

SAINT PETERSBURG, Fla. (AP) — SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corporation (ACIC) on Tuesday reported first-quarter profit of $19.3 million.

On a per-share basis, the Saint Petersburg, Florida-based company said it had net income of 39 cents.

The property and casualty insurance company posted revenue of $71.2 million in the period.

American Coastal shares have dropped 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.87, a climb of nearly 2% in the last 12 months.

_____

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

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