TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Thursday reported fourth-quarter earnings of $38.1 million.

The Tampa, Florida-based company said it had profit of $3.40 per share. Earnings, adjusted for non-recurring gains, were $3.22 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.

The property and casualty insurance holding company posted revenue of $162.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $146.1 million.

For the year, the company reported profit of $79 million, or $7.62 per share. Revenue was reported as $550.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCI at https://www.zacks.com/ap/HCI