CA - Fairfax Financial GAAP EPS of -$3.65 beats by $20.25 revenue of $6.84B beats by $50M
- Fairfax Financial press release ( OTCPK:FRFHF ): Q3 GAAP EPS of -$3.65 beats by $20.25 .
- Revenue of $6.84B (+1.9% Y/Y) beats by $50M .
- Net premiums written by the property and casualty insurance and reinsurance operations increased 18.6% to $5,573.1 million from $4,697.6 million, while gross premiums written increased by 16.3%.
- Consolidated share of profit of associates of $317.7 million principally reflected share of profit of $81.1 million from Resolute, $80.2 million from Eurobank and $58.3 million from Atlas Corp.
- At September 30, 2022 the company's insurance and reinsurance companies held portfolio investments of $49.2 billion (excluding Fairfax India's portfolio of $2.0 billion), of which approximately $8.2 billion
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Fairfax Financial GAAP EPS of -$3.65 beats by $20.25, revenue of $6.84B beats by $50M