Argo Group (AGII) Tops Q2 EPS by 46c

Argo Group (NASDAQ: AGII) reported Q2 EPS of $1.48, $0.46 better than the analyst estimate of $1.02.

“Argo Group’s results for the first six months of 2017 reflect strong investment returns and profitable growth in our U.S., Bermuda, and Latin America operations,” said Argo Group CEO Mark E. Watson III. “Book value per share grew 8.2% over the past 12 months and the annualized return on average shareholders equity was 9% at June 30, 2017. These results demonstrate continued value creation for our shareholders through our focus on specialized products and distribution globally.

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

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