Universal Insurance Holdings (UVE) Beats Q2 Earnings and Revenue Estimates

Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of$ 1.15 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.61%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of$ 1.04 per share when it actually produced earnings of $1.07, delivering a surprise of 2.88 ...