Greenlight Capital Re reports Q2 EPS 23c, one estimate 25c

Reports Q2 revenue $174.86M vs. $189.69M last year. Gross premiums written increased 9.1% to $169.0M. Net premiums earned increased 13.2% to $158.4M. David Einhorn, Chairman of the Board of Directors, said, “Solasglas had a positive result in a relatively uneventful quarter, with small gains in short and macro positions offset by a small loss in our long positions.”