Universal Insurance (UVE) Tops Q2 EPS by 25c, Revenues Beat
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Universal Insurance Holdings, Inc. Reports Second Quarter 2018 Results
July 25, 2018 4:15 PM EDTFORT LAUDERDALE, Fla., July 25, 2018 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) today reported net income and diluted earnings per share (EPS) of $46.1 million and $1.29, respectively for the second quarter of 2018.
Universal Insurance Holdings, Inc. Chairman and Chief Executive Officer Sean P. Downes commented: "Universal once again reported excellent top line growth and strong underwriting profitability, leading to a solid bottom line result and an annualized ROE of 37.8% for the second quarter. We continue to post strong organic growth in our home state of Florida, while our expansion... More
