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Hallmark Financial reports 4Q loss

FORT WORTH, Texas (AP) _ Hallmark Financial Services Inc. (HALL) on Thursday reported a fourth-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 20 cents.

The property and casualty insurance company posted revenue of $97.3 million in the period. Its adjusted revenue was $95 million.

For the year, the company reported profit of $6.5 million, or 34 cents per share. Revenue was reported as $369.9 million.

Hallmark Financial shares have dropped slightly more than 5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11, an increase of 6 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 HALL at https://www.zacks.com/ap/HALL


Keywords: Hallmark Financial, Earnings Report