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Endurance Specialty Holdings posts 4Q profit

PEMBROKE, Bermuda (AP) _ Endurance Specialty Holdings Ltd. (ENH) on Friday reported fourth-quarter net income of $23.8 million.

The Pembroke, Bermuda-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs and pretax expenses, were 82 cents per share.

The insurance and reinsurance holding company posted revenue of $614.9 million in the period. Its adjusted revenue was $659.9 million.

For the year, the company reported profit of $357 million, or $4.93 per share. Revenue was reported as $2.54 billion.

Endurance Specialty Holdings shares have risen 0.5 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $92.90, a climb of 50 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 ENH at https://www.zacks.com/ap/ENH


Keywords: Endurance Specialty Holdings, Earnings Report