U.S. Markets open in 6 hrs 33 mins

Triple-S Management: 1Q Earnings Snapshot

SAN JUAN, Puerto Rico (AP) _ Triple-S Management Corp. (GTS) on Thursday reported first-quarter earnings of $34.8 million.

The San Juan, Puerto Rico-based company said it had net income of $1.52 per share. Earnings, adjusted for non-recurring gains, were 77 cents per share.

The insurance services provider posted revenue of $809.7 million in the period. Its adjusted revenue was $787.6 million.

Triple-S Management expects full-year earnings in the range of $1.90 to $2.10 per share, with revenue in the range of $3.11 billion to $3.15 billion.

Triple-S Management shares have increased 36% since the beginning of the year. The stock has decreased 22% 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 GTS at https://www.zacks.com/ap/GTS