ProAssurance (PRA) Tops Q3 EPS by 12c

November 2, 2016 5:55 PM EDT

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ProAssurance (NYSE: PRA) reported Q3 EPS of $0.63, $0.12 better than the analyst estimate of $0.51. Revenue for the quarter came in at $224.35 million versus the consensus estimate of $221.5 million.

"ProAssurance was solidly profitable in the third quarter, and we are encouraged by the continued progress we are making in broker-driven distribution, the continuing success of our coordinated sales and marketing efforts and our ability to write new business in a fiercely competitive market," said W. Stancil Starnes, Chairman and Chief Executive Officer of ProAssurance. He added, "We remain confident that we have the right long-term strategy to ensure our ability to serve the evolving healthcare market while continuing to produce real value for shareholders who share our vision for success."

For earnings history and earnings-related data on ProAssurance (PRA) click here.

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