logo
Share SHARE
FONT-SIZE Plus   Neg

American National Insurance Q1 Profit Down - Quick Facts

American National Insurance Co. (ANAT) reported first-quarter net income of $45.22 million or $1.69 per share, compared to $47.53 million or $1.78 per share in the same quarter last year.

First-quarter after tax operating income, which exclude some investment gains, improved to $40.69 million or $1.52 per share from $33.21 million or $1.24 per share in the comparable quarter last year. After tax operating income improved primarily as a result of increased earnings in the property and casualty segment.

Revenues for the quarter were $742.68 million, compared to $751.87 million in the prior year period.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Gold rallied Thursday morning as presumptive GOP nominee Donald Trump proclaimed himself a "low interest rate person" who would push for new leadership at the Federal Reserve. Trump said he would not reappoint current Fed Chair Janet Yellen, who happens to be one of the architects of the Fed's current... Merck & Co. Inc.(MRK) reported a profit for the first-quarter that grew 18 percent from the prior year, while quarterly sales declined 1 percent. Adjusted earnings per share topped analysts' expectations, while quarterly sales missed their estimates. Shares of WM Morrison Supermarkets Plc were gaining more than 4 percent in the early Thursday morning trading as it reported 0.7 percent increase in first-quarter like-for-like sales excluding fuel. LFL sales were up 1.2 percent, including fuel.
comments powered by Disqus
Follow RTT