AP NEWS
Click to copy
Click to copy
Related topics

Alleghany: 2Q Earnings Snapshot

August 6, 2019

NEW YORK (AP) _ Alleghany Corp. (Y) on Tuesday reported second-quarter earnings of $295.5 million.

On a per-share basis, the New York-based company said it had profit of $20.46. Earnings, adjusted for one-time gains and costs, were $12.40 per share.

The property and casualty insurance provider posted revenue of $2.26 billion in the period. Its adjusted revenue was $2.1 billion.

Alleghany shares have increased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $694.18, a rise of nearly 9% 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 Y at https://www.zacks.com/ap/Y

All contents © copyright 2019 The Associated Press. All rights reserved.