HCI Group: 2Q Earnings Snapshot
Aug. 02, 2018
TAMPA, Fla. (AP) _ HCI Group Inc. (HCI) on Thursday reported second-quarter profit of $6.4 million.
The Tampa, Florida-based company said it had profit of 92 cents per share. Earnings, adjusted for investment costs, came to $1.01 per share.
The property and casualty insurance holding company posted revenue of $58.8 million in the period.
HCI Group shares have climbed 43 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $42.75, a decline of roughly 5 percent in the last 12 months.