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United Insurance: 1Q Earnings Snapshot

SAINT PETERSBURG, Fla. (AP) _ United Insurance Holdings Corp. (UIHC) on Tuesday reported first-quarter net income of $9.5 million.

The Saint Petersburg, Florida-based company said it had net income of 22 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.

The property and casualty insurance company posted revenue of $202.3 million in the period. Its adjusted revenue was $192 million.

United Insurance shares have declined 5.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.70, a decline of 20% 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 UIHC at https://www.zacks.com/ap/UIHC