FedNat Holding: 3Q Earnings Snapshot
SUNRISE, Fla. (AP) _ FedNat Holding Company (FNHC) on Tuesday reported third-quarter net income of $8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Sunrise, Florida-based company said it had net income of 62 cents.
The insurance underwriter posted revenue of $110.8 million in the period. Its adjusted revenue was $105.3 million.
FedNat Holding shares have increased 28 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.25, an increase of 49 percent in the last 12 months.