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Verisk: 4Q Earnings Snapshot

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JERSEY CITY, N.J. (AP) _ Verisk Analytics Inc. (VRSK) on Tuesday reported fourth-quarter earnings of $176.2 million.

The Jersey City, New Jersey-based company said it had net income of $1.07 per share. Earnings, adjusted for one-time gains and costs, were $1.27 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.

The insurance data provider posted revenue of $713.3 million in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $716.7 million.

For the year, the company reported profit of $712.7 million, or $4.31 per share. Revenue was reported as $2.78 billion.

Verisk shares have decreased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $185.36, an increase of 11% in the last 12 months.

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