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."

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