Universal Insurance (UVE) Misses Q4 EPS
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Universal Insurance Holdings Reports Fourth Quarter 2021 Results
February 24, 2022 4:15 PM EST4Q21 direct premiums earned up 11.5%; FY21 up 14.4% driven by primary rate increases 4Q21 diluted GAAP earnings per share (EPS) of $(1.54), non-GAAP adjusted EPS1 of $(1.53) predominantly driven by inflationary trends FY21 diluted GAAP EPS of $0.65, non-GAAP adjusted EPS1 of $0.61 Clovered.com, our digital agency subsidiary surpassed $40 million in placed premiums in 2021 4Q21 completed private placement of $100 million senior unsecured notes
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Universal Insurance Holdings (NYSE: UVE) (the Company) reported fourth quarter and full year 2021... More
