Verisk Analytics Inc. (VRSK: Quote) Tuesday reported first-quarter net income of $65.9 million or 0.37 per share, compared to $55.4 million or $0.29 per share in the prior-year period.
Adjusted net income for the quarter was $70.9 million or $ 0.40 per share, compared to $62 million or 0.33 per share. On average, 12 analysts polled by Thomson Reuters expected earnings of $0.38 per share for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the quarter grew 13.3 percent to $312.9 million from $276.1 million last year. Analysts estimated revenues of $316.35 million for the quarter.
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by RTT Staff Writer
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