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American National Insurance Q4 Profit Rises

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2/20/2012 3:03 PM ET

American National Insurance Co. (ANAT: Quote) Monday reported fourth-quarter net income of $56.14 million or $2.10 per share, compared to $35.57 million or $1.33 per share in the same period last year.

Fourth-quarter operating earnings, which exclude some investment gains, improved to $34.54 million or $1.29 per share from $20.21 million or $0.76 per share last year.

Net realized investment gains for the quarter was $21.60 million or $0.81 per share compared to $15.36 million or $0.57 per share last year.

Revenues for the quarter were $776.66 million compared to $784.89 million last year.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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