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ProAssurance Corp. Q2 adjusted earnings Beat Estimates

ProAssurance Corp. (PRA) announced earnings for its second quarter that climbed from the same period last year.

The company's earnings totaled $28.42 million, or $0.53 per share. This compares with $19.52 million, or $0.36 per share, in last year's second quarter.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.6% to $256.19 million from $205.58 million last year.

ProAssurance Corp. earnings at a glance:

-EPS (Q2): $0.48 vs. $0.40 last year.
-Analysts Estimate: $0.39
-Revenue (Q2): $256.19 Mln vs. $205.58 Mln last year.

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