ATLANTIC AMERICAN CORPORATION REPORTS FOURTH QUARTER AND YEAR END RESULTS FOR 2019
Atlantic American Corporation (AAME)
US:NASDAQ Investor Relations:
atlam.gcs-web.com/contacts
Company Research
Source: GlobeNewswire
ATLANTA, March 24, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported its results for the fourth quarter and year ended December 31, 2019. For the fourth quarter ended December 31, 2019, the Company reported net income of $1.3 million, or $0.06 per diluted share, up from $0.2 million, or $0.01 per diluted share, in the fourth quarter of 2018. The increase in net income was primarily attributable to an increase in unrealized gains on equity securities recognized in net income of $6.4 million, partially offset by a decrease in realized investment gains of $4.3 million and $0.6 million increase in operating loss. Premiums for the fourth quarter of 2019 increased 3.0% to $46.7 million compared to $45.3 million for the fourth quarter of 2018, as premiums in the property and casualty operations increased 7.8% while the life and health operations increased slightly, as compared to 2018. For the year ended December 31, 2019, the Company reported a net
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AAME
News
- Atlantic American Co. (NASDAQ: AAME) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Atlantic American Co. (NASDAQ: AAME) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Atlantic American Co. (NASDAQ: AAME) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Don't Buy Atlantic American Corporation (NASDAQ:AAME) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]Yahoo! Finance
- Atlantic American Full Year 2023 Earnings: US$0.028 loss per share (vs US$0.055 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
AAME
Sec Filings
- 4/8/24 - Form DEF
- 4/1/24 - Form 10-K
- 4/1/24 - Form 8-K
- AAME's page on the SEC website