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Kingsway Financial reports 2Q loss

TORONTO (AP) _ Kingsway Financial Services Inc. (KFS) on Monday reported a loss of $7.7 million in its second quarter.

On a per-share basis, the Toronto-based company said it had a loss of 37 cents. Losses, adjusted to account for discontinued operations, were 41 cents per share.

The merchant bank posted revenue of $44.9 million in the period.

Kingsway Financial shares have dropped 3 percent since the beginning of the year. The stock has climbed 8 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 KFS at https://www.zacks.com/ap/KFS


Keywords: Kingsway Financial, Earnings Report