WASHINGTON (dpa-AFX) - W. R. Berkley Corporation (WRB) revealed a profit for its second quarter that increased from last year in line with the Street estimates.
The company's bottom line came in at $371.9 million, or $0.92 per share. This compares with $356.3 million, or $0.87 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.4% to $3.13 billion from $2.81 billion last year.
W. R. Berkley Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $371.9 Mln. vs. $356.3 Mln. last year. -EPS (Q2): $0.92 vs. $0.87 last year. -Revenue (Q2): $3.13 Bln vs. $2.81 Bln last year.
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