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Meadowbrook Insurance Group Inc Reaffirms FY 2013 Earnings Guidance

Tuesday, 30 Apr 2013 04:01pm EDT 

Meadowbrook Insurance Group Inc announced that its fiscal 2013 guidance remains unchanged. Management expects the Company's net operating income, excluding the impact of the Swiss Re quota share treaty, to be between $35.0 million to $40.0 million, or between $0.70 and $0.80 per share. Net operating income after including the impact of the Swiss Re quota share treaty, is expected to be between $27.4 million and $32.4 million, or $0.55 to $0.65 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of $28.0 million and EPS of $0.56 for fiscal 2013. 

Company Quote

0.09 +1.56%
4:08pm EDT