Heritage Insurance estimates Q4 charges of $11.3M pretax

|About: Heritage Insurance Holdings... (HRTG)|By:, SA News Editor

Heritage Insurance Holdings (HRTG -0.8%) estimates Q4 non-core pretax charges of $11.3M related to its 2018 debt transactions and NBIC headquarters relocation.

$11.1M of the amount is expected to be recorded as a non-operating loss, with the remainder accounted for as an interest expense.

Heritage will release Q4 financial results on March 1 after the market close; conference call will take place on Monday, March 4.

Previously: Heritage Insurance Holdings made changes to its capital structure (Dec. 17, 2018)

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