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Kingsway Financial reports 4Q loss

TORONTO (AP) _ Kingsway Financial Services Inc. (KFS) on Wednesday reported a loss of $8.7 million in its fourth quarter.

On a per-share basis, the Toronto-based company said it had a loss of 43 cents.

The merchant bank posted revenue of $52.8 million in the period.

For the year, the company reported a loss of $9.1 million, or 48 cents per share, swinging to a loss in the period. Revenue was reported as $176.6 million.

Kingsway Financial shares have decreased 4 percent since the beginning of the year. The stock has risen 40 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