Verisk Analytics Inc. Q3 Profit Decreases, misses estimates

(RTTNews) - Verisk Analytics Inc. (VRSK) reported earnings for third quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $189.4 million, or $1.20 per share. This compares with $201.7 million, or $1.24 per share, in last year's third quarter.

Excluding items, Verisk Analytics Inc. reported adjusted earnings of $229.9 million or $1.46 per share for the period.

Analysts on average had expected the company to earn $1.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.8% to $745.3 million from $759.0 million last year.

Verisk Analytics Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $189.4 Mln. vs. $201.7 Mln. last year. -EPS (Q3): $1.20 vs. $1.24 last year. -Analyst Estimates: $1.47 -Revenue (Q3): $745.3 Mln vs. $759.0 Mln last year.