WASHINGTON (dpa-AFX) - Symetra Financial Corp. (SYA) Wednesday reported second-quarter profit of $45.0 million or $0.34 per share, up from $43.8 million or $0.32 per share in the comparable quarter last year.
Adjusted operating income for the quarter was $51.4 million or $0.39 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.33 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues improved to $513.2 million from $508.4 million last year. Analysts expected revenues of $515.14 million.
Looking ahead to the fiscal year 2013, the company currently projects earnings in the range of $1.45 to $1.55 per share, up from previous outlook range of $1.30 to $1.50 per share. Analysts currently expect full-year earnings of $1.45 per share.
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