Axis Capital (AXS) Tops Q4 EPS by 3c

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Go back to Axis Capital (AXS) Tops Q4 EPS by 3c

AXIS Capital Reports Fourth Quarter 2019 Results

January 29, 2020 4:15 PM EST

For the fourth quarter of 2019, the Company reports:

Net loss attributable to common shareholders of $10 million, or $(0.12) per diluted common share, and ex-PGAAP operating income of $7 million, or $0.08 per diluted common share Estimated pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $140 million, or 12.1 points Book value per diluted common share of $55.79, a decrease of $0.47, or 0.8%, compared to September 30, 2019 Pricing momentum continues to build across substantially all lines of business

For the year ended 2019, the Company... More