FORT LAUDERDALE, Fla. (AP) _ Universal Insurance Holdings Inc. (UVE) on Wednesday reported profit of $20.2 million in its third quarter.

The Fort Lauderdale, Florida-based company said it had net income of 64 cents per share. Earnings, adjusted for non-recurring gains, came to 63 cents per share.

The property and casualty insurance company posted revenue of $287.3 million in the period. Its adjusted revenue was $269.4 million.

Universal Insurance expects full-year earnings in the range of $2.75 to $3 per share.

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