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Atlantic American: Q4 Earnings Snapshot

March 23, 2021 GMT

ATLANTA (AP) _ Atlantic American Corp. (AAME) on Tuesday reported fourth-quarter profit of $11.8 million.

The Atlanta-based company said it had profit of 54 cents per share. Earnings, adjusted for non-recurring gains, were 16 cents per share.

The insurance company posted revenue of $59.9 million in the period.

For the year, the company reported net income of $12.2 million, or 56 cents per share, swinging to a profit in the period. Revenue was reported as $195.3 million.

Atlantic American shares have more than doubled since the beginning of the year. The stock has more than doubled 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 AAME at https://www.zacks.com/ap/AAME