Universal Insurance Q1 EPS $0.79; direct premiums up 3.4% to $410.1M

UNIVERSAL INSURANCE HOLDINGS, INC.

2023-Q1 EPS reported $0.79 revenue$316,508,000

Diluted EPS $0.79 (GAAP and adjusted); annualized adjusted ROCE 23.9%.
Direct premiums written $410.1M, up 3.4% from prior year quarter.
Book value per share $10.57, up 11.6% from Q4 2022; adjusted book value $13.52.
Annualized return on average common equity 31.7%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

UNIVERSAL INSURANCE HOLDINGS, INC. reported the fiscal quarter ended March 31, 2023 results: EPS Diluted earnings per common share of $0.79; diluted adjusted* earnings per common share of $0.79.

Period: the fiscal quarter ended March 31, 2023
EPS: Diluted earnings per common share of $0.79; diluted adjusted* earnings per common share of $0.79
Result: reported results

Exact text from the filing

Universal Insurance Holdings, Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0000891166-23-000040

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