PICO HOLDINGS INC Profit Declines 79% In Q3

(RTTNews) - PICO HOLDINGS INC (PICO) revealed earnings for third quarter that retreated from last year.

The company said its profit totaled $2.90 million, or $0.13 per share. This was down from $14.09 million, or $0.61 per share, in last year's third quarter.

The company said revenue for the quarter rose 23.8% to $96.71 million. This was up from $78.09 million last year.

PICO HOLDINGS INC earnings at a glance:

-Earnings (Q3): $2.90 Mln. vs. $14.09 Mln. last year. -Earnings Decline (Y-o-Y): -79.4% -EPS (Q3): $0.13 vs. $0.61 last year. -EPS Decline (Y-o-Y): -78.7% -Revenue (Q3): $96.71 Mln vs. $78.09 Mln last year. -Revenue Change (Y-o-Y): 23.8%