07.11.2014 02:13:10
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Navigators Group Q3 Rises - Quick Facts
(RTTNews) - Navigators Group, Inc. (NAVG) posted third-quarter net income of $31.22 million or $2.14 per share, higher than $21.29 million or $1.48 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to report earnings of $1.07 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 19.7 percent to $269.26 million from $224.97 million in the same quarter last year, while three analysts had a consensus revenue estimate of $251.10 million.
Gross written premiums for the quarter grew 4.9 percent to $327.5 million, and net written premiums increased 16.2 percent to $228.4 million from last year.
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