U.S. Markets open in 7 hrs 29 mins

Atlas Financial posts 3Q profit

ELK GROVE VILLAGE, Ill. (AP) _ Atlas Financial Holdings Inc. (AFH) on Monday reported third-quarter earnings of $5.1 million.

On a per-share basis, the Elk Grove Village, Illinois-based company said it had profit of 42 cents. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

The insurance underwriter posted revenue of $57.5 million in the period.

Atlas Financial shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.05, a climb of 31 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 AFH at https://www.zacks.com/ap/AFH