The Hanover Reports Fourth Quarter Net Income and Operating Income of $4.43 and $3.02 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $9.42 and $9.32 per Diluted Share, R

Hanover Insurance Group (THG) Tops Q4 EPS by 74c, Revenues Beat

Hanover Insurance Group (NYSE: THG) reported Q4 EPS of $3.02, $0.74 better than the analyst estimate of $2.28. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.12 billion.

"In a year marked by a global pandemic and the related economic recession, very active weather and social unrest, we delivered outstanding results, rising to the occasion, posting record operating earnings and generating an operating return on equity(6) of 16.2% in the fourth quarter and 13.1% for the full year," said John C. Roche, president and chief executive officer at The Hanover.

"We are greatly... More