Universal Insurance: Q4 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Thursday reported profit of $20 million in its fourth quarter.

The Fort Lauderdale, Florida-based company said it had profit of 68 cents per share. Earnings, adjusted for non-recurring gains, were 43 cents per share.

The property and casualty insurance company posted revenue of $375.5 million in the period.

For the year, the company reported profit of $66.8 million, or $2.22 per share. Revenue was reported as $1.39 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