22.02.2017 22:49:43

ProAssurance Corp. Q4 Income Advances 14%

(RTTNews) - ProAssurance Corp. (PRA) released earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $44.45 million, or $0.83 per share. This was up from $38.84 million, or $0.73 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 27.8% to $237.67 million. This was up from $185.90 million last year.

ProAssurance Corp. earnings at a glance:

-Earnings (Q4): $44.45 Mln. vs. $38.84 Mln. last year. -Earnings Growth (Y-o-Y): 14.4% -EPS (Q4): $0.83 vs. $0.73 last year. -EPS Growth (Y-o-Y): 13.7% -Analysts Estimate: $0.64 -Revenue (Q4): $237.67 Mln vs. $185.90 Mln last year. -Revenue Change (Y-o-Y): 27.8%

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