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Kingsway Financial: 4Q Earnings Snapshot

TORONTO (AP) _ Kingsway Financial Services Inc. (KFS) on Thursday reported a loss of $11.4 million in its fourth quarter.

On a per-share basis, the Toronto-based company said it had a loss of 52 cents. Losses, adjusted to account for discontinued operations, were 54 cents per share.

The merchant bank posted revenue of $13.5 million in the period.

For the year, the company reported that its loss widened to $26.7 million, or $1.23 per share. Revenue was reported as $52.6 million.

The company's shares closed at $2.31. A year ago, they were trading at $4.45.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KFS at https://www.zacks.com/ap/KFS