ProAssurance Corp. (PRA) reported strong fourth-quarter earnings, exceeding Wall Street expectations. The medical professional liability insurer announced a profit of $33.4 million, or 64 cents per share, with adjusted earnings of 82 cents per share. Revenue for the quarter was $269.6 million, with adjusted revenue reaching $271.6 million, also surpassing analyst forecasts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ProAssurance: Q4 Earnings Snapshot
ProAssurance Corp. (PRA) reported strong fourth-quarter earnings, exceeding Wall Street expectations. The medical professional liability insurer announced a profit of $33.4 million, or 64 cents per share, with adjusted earnings of 82 cents per share. Revenue for the quarter was $269.6 million, with adjusted revenue reaching $271.6 million, also surpassing analyst forecasts.