PEMBROKE, Bermuda (AP) _ Axis Capital Holdings Ltd. (AXS) on Wednesday reported a third-quarter loss of $9.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Pembroke, Bermuda-based company said it had a loss of 20 cents. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

The insurance company posted revenue of $1.23 billion in the period. Its adjusted revenue was $1.08 billion, which also missed Street forecasts. Three analysts surveyed by Zacks expected $1.34 billion.

Axis Capital shares have declined slightly more than 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $51.54, a decline of nearly 2% in the last 12 months.

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

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