Aspen Insurance Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Aspen Insurance Holdings Limited (AHL) reported fourth-quarter net income after tax of $90.0 million, compared to $2.0 million, last year. Net income adjusted for preference share dividend was $1.21, compared to a loss of $0.09 per share, prior year. Operating income adjusted for preference dividend was $1.13, compared to a loss of $0.15 per share.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.11 for the quarter. Analysts' estimates typically exclude special items.

Net earned premiums increased year-over-year to $572.6 million, from $558.5 million. Analysts expected revenue of $577.10 million for the quarter.

The Board of Aspen has declared a quarterly cash dividend on ordinary shares of $0.18 per ordinary share. The dividend is payable on March 7, 2014 to the holders of record as of the close of business on February 21, 2014.