Hanover Insurance Group (THG) Misses Q3 EPS by 172c
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The Hanover Reports Third Quarter Net Income and Operating Income of $0.94 and $0.85 per Diluted Share, Respectively; Combined Ratio of 102.3%; Combined Ratio, Excluding Catastrophes, of 89.4%
October 27, 2021 4:06 PM EDTWORCESTER, Mass., Oct. 27, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $34.0 million, or $0.94 per diluted share, in the third quarter of 2021, compared to $118.9 million, or $3.13 per diluted share, in the prior-year quarter. Operating income (1) was $30.8 million, or $0.85 per diluted share, for the third quarter of 2021. This compared to operating income of $93.5 million, or $2.46 per diluted share, in the prior-year quarter.
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