Atlantic American: 3Q Earnings Snapshot

November 12, 2019 GMT

ATLANTA (AP) _ Atlantic American Corp. (AAME) on Tuesday reported a third-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had a loss of 7 cents. Losses, adjusted for investment gains, were 11 cents per share.

The insurance company posted revenue of $47.7 million in the period.

The company’s shares closed at $1.85. A year ago, they were trading at $3.60.


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