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Hanover Insurance posts 1Q profit

WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported first-quarter net income of $45.2 million.

The Worcester, Massachusetts-based company said it had profit of $1.05 per share. Earnings, adjusted for investment gains, came to 95 cents per share.

The insurance company posted revenue of $1.26 billion in the period.

Hanover Insurance shares have decreased 3.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $87.80, a climb of slightly more than 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THG at https://www.zacks.com/ap/THG


Keywords: Hanover Insurance Group, Earnings Report