United Insurance: 4Q Earnings Snapshot
SAINT PETERSBURG, Fla. (AP) _ United Insurance Holdings Corp. (UIHC) on Tuesday reported a fourth-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier.
The Saint Petersburg, Florida-based company said it had a loss of 26 cents per share. Losses, adjusted for one-time gains and costs, came to 2 cents per share.
The property and casualty insurance company posted revenue of $181.1 million in the period. Its adjusted revenue was $193.1 million.
For the year, the company reported profit of $290,000, or 1 cent per share. Revenue was reported as $731.6 million.
United Insurance shares have increased slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.67, a fall of 11 percent in the last 12 months.