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Stock Market & Financial Investment News

News Breaks
February 20, 2013
06:53 EDTEMCIEMC Insurance sees FY13 operating income guidance $2.40-$2.65, consensus $1.93
Sees FY13 combined ratio 99.2%.
News For EMCI From The Last 14 Days
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October 24, 2014
06:34 EDTEMCIEMC Insurance cuts FY14 EPS to $1.55-$1.80 from $2.00-$2.25, one estimate $2.10
The revised guidance is based on a projected GAAP combined ratio for the year of 102.6 percent, and a mid-to-high single digit increase in investment income. The projected GAAP combined ratio has a load of 10.8 percentage points for catastrophe and storm losses, which reflects a decrease of 0.4 percentage points from the previous load of 11.2 percentage points.
06:33 EDTEMCIEMC Insurance sees Q3 EPS 11c-15c, one estimate 39c
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