Universal Insurance Holdings (UVE) Q1 Earnings and Revenues Surpass Estimates

Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of$ 1.12 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of$ 0.09 per share when it actually produced earnings of $0.25, delivering a surprise of 177 ...