-
Allied World Beats Estimates (AWH)
Thursday, August 5, 2010 - 4:54pm | 249Allied World Assurance Company Holdings Ltd. (NYSE: AWH) reports Q2 EPS of $3.47 versus estimates of $1.95. Allied World Assurance Company Holdings Ltd. reports Q2 revenues of $493.8 million versus estimates of $339.97 million. It is unclear if the EPS and Rev estimates are comparable. The combined...
-
Hartford Exceeds, Profits Soar - Analyst Blog
Thursday, August 5, 2010 - 2:43pm | 1156Hartford Financial Services Group Inc. (HIG) reported its second-quarter adjusted earnings of $460.0 million or 92 cents per share, surpassing the Zacks Consensus Estimate of 73 cents. The improved showing in Hartford was attributable to higher profits despite market volatility and higher-than-...
-
Allstate Outshines Estimates - Analyst Blog
Thursday, August 5, 2010 - 1:26pm | 693Allstate Corporation’s (ALL) second quarter operating earnings of 81 cents per share came in way ahead of the Zacks Consensus Estimate of 70 cents and the 55 cents per share recorded in the year-ago quarter. Results for the quarter deteriorated primarily due to lower revenue as a result of a...
-
Amerisafe Beats Est, Declines YoY - Analyst Blog
Thursday, August 5, 2010 - 1:26pm | 591Amerisafe Inc.’s (AMSF) second quarter earnings of 54 cents per share came in substantially ahead of the Zacks Consensus Estimate of 45 cents. However, this compares unfavorably with the earnings of 67 cents in the prior-year quarter. Results benefited primarily due to substantial net realized...
-
Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, August 5, 2010 - 8:53am | 310Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Alliance Fiber Optic Products, Inc (AFOP) American Physicians Service Group Inc (AMPH) AMETEK, Inc (AME) AptarGroup, Inc (ATR) BBVA Banco Frances SA (BFR) View the entire Zacks #1 Rank List. AMETEK INC (AME): Free...
-
Trading's a Grind -- Waiting on Unemployment Number
Wednesday, August 4, 2010 - 6:39pm | 733Cusick’s Corner There’s not much more to say about today’s action that hasn’t already been said this week – it’s a GRIND! Pay attention to the Claims data due out before the open at 8:30am ET. It’s worth taking a look at the key support and resistance levels going into the numbers tomorrow and...
-
AXIS Capital Lags Expectations - Analyst Blog
Wednesday, August 4, 2010 - 5:52pm | 593AXIS Capital Holdings Ltd. (AXS) reported operating income of $1.33 per share, lagging the Zacks Consensus Estimate of $1.80. However, results compare favorably with operating income of $1.22 in the prior-year period. Operating income was $180.1 million in the quarter compared with $182.6 million...
-
Allstate Beats Estimates; Shares Rise (ALL)
Wednesday, August 4, 2010 - 5:39pm | 162The Allstate Corporation (NYSE: ALL) reports Q2 earnings of $0.81 versus estimates of $0.69. The Allstate Corporation reports Q2 revenues of $7.66 billion versus estimates of $6.61 billion. Revenues fell 9.8% year over year. Book value per share grew to $33.24 at June 30, 2010 compared to $32.26...
-
XL Group Beats Estimates - Analyst Blog
Wednesday, August 4, 2010 - 5:28pm | 661XL Group (XL) reported its second-quarter 2010 operating income of 71 cents per share, beating the Zacks Consensus Estimate of 64 cents. Results were below second-quarter 2009 operating earnings of 85 cents. Operating income was $242.6 million, compared with $291.4 million in the prior-year quarter...
-
Allstate Beats Estimates, Shares Rise (ALL)
Wednesday, August 4, 2010 - 4:35pm | 101After the closing bell on Wednesday, Allstate (NYSE: ALL) reported Q2 net income of $145 million or $0.27 per share, compared to $389 million or $0.72 per share, in the second quarter of 2009. On an adjusted basis, which is comparable to analysts' consensus, the company reported net income of $441...
-
Allstate Second Quarter 2010 Results
Wednesday, August 4, 2010 - 4:20pm | 133The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2010: Allstate's second quarter 2010 operating income rose to $441 million compared to $297 million in the same period of 2009, reflecting improved results in both Property-Liability and Allstate...
-
WRB Ramps Buyback, Declares Div - Analyst Blog
Wednesday, August 4, 2010 - 3:53pm | 418Property and casualty insurer W.R. Berkley Corp. (WRB) yesterday announced an increase in repurchase authorization to 10 million shares. The increased authorization represents nearly 7% of the company’s 151.2 million outstanding shares as of June 30, 2010. Berkley has been aggressively...
-
Better Drivers' Discount from Progressive
Wednesday, August 4, 2010 - 1:51pm | 210Business travelers who park their cars at the airport several days a week. Families with an extra car they only drive occasionally. Drivers who avoid slamming on the brakes. They’re all less likely to be in an accident and can save money on their car insurance with a new discount from Progressive (...
-
Bruce Berkowitz Beating Wall Street & Taking Names (C, MBI, AIG, GGP)
Wednesday, August 4, 2010 - 1:19pm | 301Most mutual funds don't time the market. Then again, most mutual funds aren't Fairholme Fund, run by Bruce Berkowitz writes the Wall Street Journal. A typical mutual fund has many holdings, not much of its assets in cash and doesn't time the market. Berkowitz listens to none of these rules and...
-
Insurance Industry Stock Update - Aug. 2010 - Industry Outlook
Wednesday, August 4, 2010 - 10:30am | 1804After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis...