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FedNat Holding: 2Q Earnings Snapshot

SUNRISE, Fla. (AP) _ FedNat Holding Company (FNHC) on Tuesday reported second-quarter earnings of $7.1 million.

The Sunrise, Florida-based company said it had net income of 55 cents per share. Earnings, adjusted for non-recurring gains, were 44 cents per share.

The insurance underwriter posted revenue of $105.3 million in the period. Its adjusted revenue was $103.3 million.

FedNat Holding shares have decreased 40% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12, a decline of 48% 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 FNHC at https://www.zacks.com/ap/FNHC