Kingstone Companies Q1 Profit Up - Quick Facts

(RTTNews) - Kingstone Companies Inc. (KINS) posted first-quarter net income of $0.3 million, up from $0.2 million in the comparable quarter last year. Earnings per share for the latest first quarter were $0.04, down from $0.05 per share last year.

Net operating income for the quarter was $0.2 million or $0.01 per share, compared to $0.1 million or $0.03 per share in the year-ago period.

Net premiums written for the latest first quarter were $6.6 million, up from $5.0 million last year, while net premiums earned rose to $5.9 million from $4.6 million in the previous year period.

Analysts polled by Thomson Reuters expected the company to earn $0.16 per share on revenues of $7.64 million. Analysts' estimates typically exclude special items.