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Stock impact report

AXIS Capital Reports Third Quarter Net Income of $28 Million, or $0.33 Per Diluted Common Share

Axis Capital Holdings Limited (AXS) 
Last axis capital holdings limited earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: axiscapital.com
Company Research Source: Business Wire
For the third quarter of 2019, the Company reports:Ex-PGAAP operating loss of $28 million, or $(0.34) per diluted common shareEstimated pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $160 million, or 14.1 points, compared to $92 million or 7.5 points, in the prior yearBook value per diluted common share of $56.26, an increase of $0.27, or 0.5% compared to June 30, 2019 PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE: AXS) today reported net income available to common shareholders for the third quarter of 2019 of $28 million, or $0.33 per diluted common share, compared to net income of $43 million, or $0.52 per diluted common share, for the third quarter of 2018. Net income available to common shareholders for the nine months ended September 30, 2019 was $292 million, or $3.46 per diluted common share, compared to net income of $199 million, or $2.37 per diluted common share, Show less Read more
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