U.S. Markets close in 2 hrs 7 mins

Axis Capital: 3Q Earnings Snapshot

PEMBROKE, Bermuda (AP) _ Axis Capital Holdings Ltd. (AXS) on Tuesday reported third-quarter earnings of $38.4 million.

The Pembroke, Bermuda-based company said it had profit of 33 cents per share. Losses, adjusted for non-recurring gains, were 39 cents per share.

The insurance company posted revenue of $1.29 billion in the period. Its adjusted revenue was $1.27 billion.

Axis Capital shares have increased 20% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.99, a rise of 11% 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 AXS at https://www.zacks.com/ap/AXS