Hanover Insurance Group (THG) Tops Q4 EPS by 4c

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Go back to Hanover Insurance Group (THG) Tops Q4 EPS by 4c

The Hanover Reports Fourth Quarter Net Income and Operating Income of $2.88 and $1.51 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $9.09 and $6.79 per Diluted Share, R

January 30, 2019 4:15 PM EST

WORCESTER, Mass., Jan. 30, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $123.6 million, or $2.88 per diluted share, in the fourth quarter of 2018, compared to $51.5 million, or $1.20 per diluted share, in the prior-year quarter. Operating income(1) was $64.9 million, or $1.51 per diluted share, for the fourth quarter of 2018. This compares to operating income of $65.8 million, or $1.53 per diluted share, in the prior-year quarter. The difference between net and operating income in the fourth quarter of 2018 is primarily due to the after-tax gain on the sale of the Chaucer business... More