E.W. BLANCH EARNINGS DOWN

Dallas-based E.W. Blanch Holdings has released its financial results for the fourth quarter and year ending Dec. 31, 2000, reporting annual revenues of $208.2 million compared to $244.5 million during 1999. Revenues for the quarter were $46 million compared to $65 million in for the fourth quarter of 1999.

The company said that while it continues to take action to position the company for long-term growth and profitability, based on current expectations, it expects earnings per share to be significantly below the previously mentioned figure of $1.60 for 2001.