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Unitrin 1Q Net Up on Investment Gains

Thursday, April 24, 2003 | 0

Unitrin, Inc. (NYSE: UTR) reported yesterday total net income of $13.4 million ($0.20 per common share) for the three months ended March 31, 2003, compared to total net income of $9.2 million ($0.14 per common share) for the same period in 2002. Net income for the three months ended March 31, 2003 increased due primarily to higher realized investment gains and higher income from investee, partially offset by lower net income from operations. For the three months ended March 31, 2003, Unitrin reported net income from operations of $9.1 million ($0.13 per common share), compared to $11.7 milli...

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