logo
Share SHARE
FONT-SIZE Plus   Neg

State Auto Financial Q4 Profit Rises - Quick Facts

State Auto Financial Corp. (STFC) reported fourth quarter net income of $100.6 million, or $2.49 per share, up from $37.6 million, or $0.94 per share, for the fourth quarter of 2010. Net income from operations per share for the fourth quarter 2011 was $2.30, versus $0.78 for the same 2010 period.

Total revenues for the quarter rose to $401.1 million from $356.9 million in the prior year quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.44 per share on revenues of $386.65 million for the quarter. Analysts' estimates typically exclude special items.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ride-sharing company Uber Technologies Inc. is partnering with aircraft manufacturers to develop an on-demand network of vertical takeoff and landing vehicles. Uber plans to roll out flying cars with a pilot in the Dallas-Fort Worth area by 2020 and flights in Dubai at Expo2020, Chief Product Officer... Subway, the largest restaurant chain in the US by number of locations, closed more stores than it opened in 2016. This for the first time in its history that the company's store count dropped slightly after it closed more stores than it opened in 2016. The chain has always touted that it had more... Twitter Inc. reported narrower net loss in its first quarter and higher adjusted EBITDA margin as it remains focused on streamlining cost structure. Revenues declined on lower advertising and US revenues. However, adjusted earnings per share and revenues topped market estimates. In pre-market activity on the NYSE, Twitter shares were gaining 10.5 percent.
comments powered by Disqus
Follow RTT