Printer Friendly

ZIEGLER COMPANY REPORTS RESULTS

 ZIEGLER COMPANY REPORTS RESULTS
 WEST BEND, Wis., Jan. 13 /PRNewswire/ -- The Ziegler Company, Inc.


(AMEX: ZCO), a financial services holding company, today released its preliminary unaudited financial figures for the fourth quarter and full year ended Dec. 31, 1991.
 In the three months ended Dec. 31, 1991, total revenues were $9,231,000 and net income was $484,000 or 19 cents per share compared with revenues of $10,262,000 and net income of $1,277,000 or 48 cents per share for the fourth quarter of 1990.
 For the fiscal year ended Dec. 31, 1991, total revenues were $41,342,000 compared with $34,363,000 for 1990. Net income for 1991 was $3,812,000 or $1.45 per share compared with net income of $2,514,000 or 95 cents per share in 1990.
 Book value per share at Dec. 31, 1991, was $18.65.
 Consolidated Statements of Earnings
 Three Months Ended Dec. 31
 1991 1990
 Revenues before interest
 and dividends $8,681,000 $ 9,484,000
 Interest and dividends 550,000 778,000
 Total revenues 9,231,000 10,262,000
 Operating expenses 7,407,000 7,267,000
 Interest expense 1,037,000 911,000
 Income before income taxes 787,000 2,084,000
 Net Income $ 484,000 $ 1,277,000
 Earnings per share of common stock $.19 $.48
 Average number of common shares
 outstanding 2,629,313 2,632,183
 Number of common stockholders 603 628
 Twelve Months Ended Dec. 31
 1991 1990
 Revenues before interest
 and dividends $38,772,000 $ 31,030,000
 Interest and dividends 2,570,000 3,333,000
 Total revenues 41,342,000 34,363,000
 Operating expenses 31,225,000 26,513,000
 Interest expense 4,034,000 3,838,000
 Income before income taxes 6,083,000 4,012,000
 Net Income $ 3,812,000 $ 2,514,000
 Earnings per share of common stock $1.45 $.95
 Average number of common shares
 outstanding 2,631,326 2,650,499
 Number of common stockholders 603 628
 -0- 1/13/92
 /CONTACT: Peter D. Ziegler, president and chief executive officer of The Ziegler Company, 414-334-5521/
 (ZCO) CO: The Ziegler Company, Inc. ST: Wisconsin IN: FIN SU: ERN


DA -- CL016 -- 9294 01/13/92 18:55 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 13, 1992
Words:378
Previous Article:ALEXANDER & ALEXANDER SERVICES, ALEXANDER & ALEXANDER EUROPE AND REED STENHOUSE COMPANIES DECLARE REGULAR QUARTERLY DIVIDENDS
Next Article:MICHIGAN OTC CHANGES, PROVIDED BY FIRST OF MICHIGAN CORP., TODAY: JAN. 13, 1992
Topics:


Related Articles
ZIEGLER REPORTS SECOND QUARTER EARNINGS
ZIEGLER ANNOUNCES INCREASED EARNINGS
ZIEGLER ANNOUNCES SECOND QUARTER RESULTS
ZIEGLER ANNOUNCES THIRD QUARTER RESULTS
ZIEGLER ANNOUNCES FIRST QUARTER RESULTS
ZIEGLER ANNOUNCES THIRD QUARTER RESULTS
ZIEGLER ANNOUNCES FIRST QUARTER RESULTS AND ELECTION OF PETER R. KELLOGG TO BOARD OF DIRECTORS
ZIEGLER ANNOUNCES IMPROVED FIRST QUARTER RESULTS
ZIEGLER ANNOUNCES SECOND QUARTER RESULTS
Ziegler Announces Improved Second Quarter Results

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters