United Insurance: 3Q Earnings Snapshot

October 30, 2019 GMT

SAINT PETERSBURG, Fla. (AP) _ United Insurance Holdings Corp. (UIHC) on Wednesday reported a loss of $28.3 million in its third quarter.

On a per-share basis, the Saint Petersburg, Florida-based company said it had a loss of 66 cents. Losses, adjusted for one-time gains and costs, were 68 cents per share.

The property and casualty insurance company posted revenue of $207.6 million in the period. Its adjusted revenue was $205 million.

United Insurance shares have dropped 26% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.29, a drop of 39% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UIHC at https://www.zacks.com/ap/UIHC