Endurance Specialty Holdings Ltd. (ENH) Releases Earnings Results, Beats Expectations By $0.33 EPS

Endurance Specialty Holdings Ltd. (ENH) reported quarterly earnings results on Monday, May-2-2016. The company said it had a profit of $1.58 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.33. Analysts had a consensus of $1.25. The company posted revenue of $553.19 million in the period, compared to analysts expectations of $552.51 million. The company’s revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.03 EPS.

Endurance Specialty Holdings Ltd. closed down -0.01 points or -0.02% at $64.03 with 1,70,986 shares getting traded on Wednesday. Post opening the session at $63.86, the shares hit an intraday low of $63.64 and an intraday high of $64.31 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 4, 2016, John Thomas Baily (director) purchased 40 shares at $65.48 per share price. According to the SEC, on Feb 22, 2016, John Charman (CEO) purchased 6,000 shares at $62.49 per share price. On Sep 23, 2015, Carrie Rosorea (Chief Accounting Officer) sold 2,010 shares at $61.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Endurance Specialty Holdings Ltd. is a holding company. The Company through its operating subsidiaries based in Bermuda the United States and the United Kingdom is focused on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The Company’s portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. The Insurance segment consists of four lines of business: agriculture casualty and other specialty professional lines and property. The Reinsurance segment consists of five lines of business: catastrophe property casualty professional lines and specialty.

Endurance Specialty Holdings Ltd.

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