Alleghany: 1Q Earnings Snapshot

Alleghany: 1Q Earnings Snapshot

Associated Press
0

NEW YORK (AP) _ Alleghany Corp. (Y) on Tuesday reported first-quarter earnings of $440.2 million.

On a per-share basis, the New York-based company said it had net income of $30.39. Earnings, adjusted for non-recurring gains, came to $9.66 per share.

The property and casualty insurance provider posted revenue of $2.32 billion in the period. Its adjusted revenue was $1.93 billion.

Alleghany shares have climbed nearly 5% since the beginning of the year. The stock has risen 14% 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 Y at https://www.zacks.com/ap/Y

Advertisement

Recommended Stories