Revenue Update on Endurance Specialty Holdings Ltd.(NYSE:ENH)

Endurance Specialty Holdings Ltd.(NYSE:ENH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Company reported revenue of $717.77M. Analysts estimated a revenue of $706.60M. Earnings per share were $0.81. Analysts had estimated an EPS of $1.36.

In a different note, On Jul 11, 2016, Keefe Bruyette & Woods said it Upgrades its rating on Endurance Specialty Holdings Ltd.. The shares have been rated ‘Outperform’ by the firm.

Endurance Specialty Holdings Ltd. (ENH) made into the market gainers list on Mondays trading session with the shares advancing 0.30% or 0.2 points. Due to strong positive momentum, the stock ended at $67.07, which is also near the day’s high of $67.139. The stock began the session at $67 and the volume stood at 1,48,804 shares. The 52-week high of the shares is $70.05 and the 52 week low is $57.9728. The company has a current market capitalization of $4,532 M and it has 6,75,65,483 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 5, 2016, John Thomas Baily (director) purchased 39 shares at $66.75 per share price.Also, On Jun 3, 2016, John Charman (CEO) purchased 130,000 shares at $68.58 per share price.On Sep 23, 2015, Carrie Rosorea (Chief Accounting Officer) sold 2,010 shares at $61.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Endurance Specialty Holdings Ltd. is a holding company. The Company through its operating subsidiaries based in Bermuda the United States and the United Kingdom is focused on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The Company’s portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. The Insurance segment consists of four lines of business: agriculture casualty and other specialty professional lines and property. The Reinsurance segment consists of five lines of business: catastrophe property casualty professional lines and specialty.

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