* Q4 oper EPS $2.54 vs est $1.58
* Investment income boosts profit
Feb 17 Endurance Specialty Holdings Ltd (ENH.N)
reported quarterly profit well above Wall Street estimates as
the insurer reversed a year-ago investment loss.
Net income for the fourth quarter was $154.8 million, or $2.56
a share, compared with $16.9 million, or 22 cents a share, in
the year-ago period.
Operating earnings, which typically excludes any investment
gains and losses and is closely watched by analysts, were $2.54
Analysts expected earnings of $1.58 a share, according to
Thomson Reuters I/B/E/S.
Net investment income was $59.3 million, compared with a
loss of $4.6 million in the year-ago period.
Shares of the provider of property and casualty insurance
and reinsurance closed at $37.64 in regular session on the New
York Stock Exchange.
(Reporting by Sweta Singh in Bangalore; Editing by Anil