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AmTrust Financial reports 3Q loss

NEW YORK (AP) _ AmTrust Financial Services Inc. (AFSI) on Wednesday reported a third-quarter loss of $158.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 89 cents. Losses, adjusted for non-recurring costs, were 4 cents per share.

The insurer posted revenue of $1.46 billion in the period. Its adjusted revenue was $1.43 billion.

AmTrust Financial shares have decreased 55 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.26, a drop of 52 percent 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 AFSI at https://www.zacks.com/ap/AFSI