Fairfax Financial Holdings: 4Q Earnings Snapshot

·1 min read

TORONTO (AP) _ Fairfax Financial Holdings Ltd. (FRFHF) on Thursday reported fourth-quarter net income of $909.1 million.

The Toronto-based company said it had profit of $32.68 per share.

The financial services holding company posted revenue of $6.58 billion in the period.

For the year, the company reported profit of $218.4 million, or $6.29 per share. Revenue was reported as $19.79 billion.

Fairfax Financial Holdings shares have risen 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $399.04, a drop of 14% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRFHF at https://www.zacks.com/ap/FRFHF