Hallmark Financial: 3Q Earnings Snapshot
FORT WORTH, Texas (AP) _ Hallmark Financial Services Inc. (HALL) on Wednesday reported third-quarter net income of $9.7 million, after reporting a loss in the same period a year earlier.
The Fort Worth, Texas-based company said it had profit of 53 cents per share. Earnings, adjusted for investment gains, came to 23 cents per share.
The property and casualty insurance company posted revenue of $102.9 million in the period. Its adjusted revenue was $94.6 million.
Hallmark Financial shares have risen nearly 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.94, a rise of almost 7 percent in the last 12 months.