Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Triple-S Management Q1 Profit Rises; Backs FY13 Pro Forma EPS View - Quick Facts

RELATED NEWS
Trade GTS now with 

Triple-S Management Corp. (GTS: Quote), reported that its first-quarter net income attributable to the company was $17.24 million or $0.61 per share, up from $7.51 million or $0.26 per share in the same quarter last year.

Pro Forma net income for the quarter was $15.6 million, or $0.55 per share, up from $6.1 million or $0.21 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues for the quarter rose to $589.62 million from $587.07 million in the prior year quarter. Two analysts had consensus revenue estimate of $591.83 million for the quarter.

Looking ahead to the fiscal year 2013, the company still expects Pro forma earnings in the range of $1.90 to $2.00 per share. Consolidated operating revenues are expected to be in the range of $2.35 billion - $2.45 billion. Analysts expect the company to report earnings of $1.99 per share on revenues of $2.39 billion for fiscal 2013.

Click here to receive FREE breaking news email alerts for Triple-S Management Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Dish Network is no longer carrying Fox News in yet another dispute for the television provider. Fox News, which changed the face of cable news with its ardent advocacy of conservative issues, went dark Sunday, replaced on Dish by The Blaze, Glen Beck's new right-leaning channel. Fox Business channel... Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.