HCI Group: 2Q Earnings Snapshot
TAMPA, Fla. (AP) _ HCI Group Inc. (HCI) on Tuesday reported second-quarter profit of $7.6 million.
The Tampa, Florida-based company said it had profit of 90 cents per share. Earnings, adjusted for investment gains, came to 81 cents per share.
The property and casualty insurance holding company posted revenue of $58.6 million in the period.
HCI Group shares have decreased 21% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.02, a rise of almost 2% in the last 12 months.