earnings
confidence high
sentiment positive
materiality 0.75
Universal Insurance Q4 GAAP EPS $0.82, adjusted EPS $0.72; net combined ratio improves to 101.4%
UNIVERSAL INSURANCE HOLDINGS, INC.
2022-FY EPS reported
-$0.72
revenue$1,222,658,000
- Diluted GAAP EPS $0.82; adjusted EPS $0.72 for Q4 2022.
- Book value per share $9.47, up 10.9% from Q3 2022; adjusted book value $12.89, up 4.5%.
- Net combined ratio 101.4%, down from 131.4% in prior-year quarter.
- Direct premiums written $416.1M, up 4.2% YoY.