FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Tuesday reported profit of $66.6 million in its fourth quarter.
On a per-share basis, the Fort Lauderdale, Florida-based company said it had net income of $2.28. Earnings, adjusted for non-recurring gains, came to $2.17 per share.
The property and casualty insurance company posted revenue of $407.9 million in the period.
For the year, the company reported profit of $183 million, or $6.32 per share. Revenue was reported as $1.6 billion.
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