W.R. Berkley: Q3 Earnings Snapshot
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GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Monday reported third-quarter profit of $333.6 million.
The Greenwich, Connecticut-based company said it had profit of $1.23 per share. Earnings, adjusted for investment costs, came to $1.35 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The insurance company posted revenue of $3.03 billion in the period. Its adjusted revenue was $3.07 billion.
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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 WRB at https://www.zacks.com/ap/WRB
