Argo Group (AGII) Tops Q3 Expectations

Argo Group (NASDAQ: AGII) reported Q3 EPS of $1.12, $0.34 better than the analyst estimate of $0.78 (May not compare). Revenue for the quarter came in at $416.7 million versus the consensus estimate of $353.68 million.

“Continued improvement in our underwriting results combined with strong alternative investment returns contributed to growth in book value per share, delivering real value to our shareholders,” said CEO Mark E. Watson III. “By almost all measures, our business continues to show year over year improvement.”

For earnings history and earnings-related data on Argo Group (AGII) click here.

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