Universal Insurance Holdings (UVE) Tops Q3 Earnings and Revenue Estimates

Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of$ 1.1 per share. This compares to a loss of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +23.64%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of$ 1.09 per share when it actually produced earnings of $1.23, delivering a surprise of +12.84 ...