Hanover Insurance Group (THG) Reports Q4 Loss of $0.32
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Financial Fact:
(Loss) income from continuing operations: 2.06
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Hanover Insurance Group (NYSE: THG) reported Q4 EPS of ($0.32), versus $1.76 reported last year. Revenue for the quarter came in at $0 versus the consensus estimate of $1.07 billion.
Operating loss was $19.7 million, or $0.46 per diluted share, for the fourth quarter of 2016, inclusive of strengthening domestic prior-year loss and loss adjustment expense reserves of $174.1 million ($113.2 million after taxes), compared to operating income of $80.3 million, or $1.82 per diluted share, in the prior-year quarter.
For earnings history and earnings-related data on Hanover Insurance Group (THG) click here.
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