Revenue Update on White Mountains Insurance Group Ltd(NYSE:WTM)

White Mountains Insurance Group Ltd(NYSE:WTM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Earnings per share were $-3.43. Analysts had estimated an EPS of $1.48.

White Mountains Insurance Group Ltd (WTM) made into the market gainers list on Fridays trading session with the shares advancing 0.03% or 0.23 points. Due to strong positive momentum, the stock ended at $825.24, which is also near the day’s high of $827.12. The stock began the session at $822.8 and the volume stood at 5,074 shares. The 52-week high of the shares is $852.575 and the 52 week low is $688.84. The company has a current market capitalization of $4,069 M and it has 49,30,938 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Apr 29, 2016, Raymond Joseph Rene Barrette (CEO) purchased 100 shares at $825.00 per share price.Also, On Dec 3, 2015, Kernan V Oberting (Managing Director) sold 800 shares at $804.99 per share price.On Sep 10, 2015, George Manning Rountree (Managing Director) sold 4,000 shares at $751.66 per share price, according to the Form-4 filing with the securities and exchange commission.

White Mountains Insurance Group Ltd. is an insurance holding company. The Company’s principal businesses are conducted through its insurance reinsurance and insurance services subsidiaries and affiliates. Its segments include OneBeacon Sirius Group HG Global/BAM and Other Operations. The OneBeacon segment consists of OneBeacon Insurance Group Ltd. a limited liability company that owns a family of property and casualty insurance companies. The Sirius Group segment provides reinsurance and insurance products around the world for property accident and health aviation and space trade credit marine agriculture and certain other exposures through its subsidiary Sirius International. The HG Global/ BAM segment is a mutual bond insurance company. The other operations segment consists of the Company and its intermediate holding companies.

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