AXIS Capital Posts Strong Q4 Earnings
AXIS Capital Holdings Limited ( AXS ) reported fourth-quarter 2013 net operating income of $1.41 per share, which fell short of the Zacks Consensus Estimate by 5.4%. However, results were better from an operating loss of 23 cents per share reported in the prior-year quarter. Including net realized investment gains, AXIS Capital reported net income of $1.52 a share, which also grew significantly from a net loss of 16 cents a share recorded in the year-ago quarter. […]