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Heritage Insurance reports 4Q loss

CLEARWATER, Fla. (AP) _ Heritage Insurance Holdings Inc. (HRTG) on Wednesday reported a fourth-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Clearwater, Florida-based company said it had a loss of 9 cents.

The property and casualty insurance holding company posted revenue of $102.8 million in the period.

For the year, the company reported profit of $33.9 million, or $1.14 per share. Revenue was reported as $439 million.

Heritage Insurance shares have dropped almost 10 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.14, a decrease of 5 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 HRTG at https://www.zacks.com/ap/HRTG


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