Third Point Reinsurance Ltd. (TPRE) Misses Q3 EPS by 1c

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Weather Losses Contribute to Third Point Reinsurance Ltd. (TPRE) EPS Loss; Compass Point Reiterates Buy

November 4, 2015 9:09 AM EST

Compass Point reiterated a Buy rating and $16.00 price target on Third Point Reinsurance (NYSE: TPRE) following the company's 3Q earnings report. TPRE reported an operating EPS loss of ($1.89) versus the consensus estimate for a loss of ($1.87). Adverse development impacted EPS by a penny, while... More