(RTTNews) -
For the full year, the company reported net income available to common shareholders of $838.8 million or $13.40 per share compared to a loss of $13.2 million or $0.21 per share a year-ago. Operating income available to common shareholders surged to $768.2 million or $12.2 per share from $193.0 million or $3.04 share last year. Total revenue for the full year increased to $1.67 billion from $1.23 billion in the prior year.
Analysts expected earnings of $11.97 per share on revenues of $1.68 billion for the full year.
RNR closed Tuesday's regular trading session at $52.26, up $0.83 or 1.61% on a volume of 0.39 million shares on the NYSE.
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by RTT Staff Writer
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