The Hanover Insurance Group Bottom Line Rises 1% In Q4

(RTTNews) - The Hanover Insurance Group (THG) revealed a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line totaled $80.3 million, or $1.82 per share. This was up from $79.6 million, or $1.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.0% to $1.20 billion. This was down from $1.29 billion last year.

The Hanover Insurance Group earnings at a glance:

-Earnings (Q4): $80.3 Mln. vs. $79.6 Mln. last year. -Earnings Growth (Y-o-Y): 0.9% -EPS (Q4): $1.82 vs. $1.77 last year. -EPS Growth (Y-o-Y): 2.8% -Analysts Estimate: $1.60 -Revenue (Q4): $1.20 Bln vs. $1.29 Bln last year. -Revenue Change (Y-o-Y): -7.0%