W. R. Berkley Corporation Q4 Profit Increases, beats estimates

W. R. Berkley Corporation (WRB) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $382.22 million, or $1.37 per share. This compares with $294.43 million, or $1.06 per share, in last year's fourth quarter.

Excluding items, W. R. Berkley Corporation reported adjusted earnings of $323.33 million or $1.16 per share for the period.

Analysts on average had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.7% to $3.01 billion from $2.58 billion last year.

W. R. Berkley Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $382.22 Mln. vs. $294.43 Mln. last year.
-EPS (Q4): $1.37 vs. $1.06 last year.
-Analyst Estimate: $1.10
-Revenue (Q4): $3.01 Bln vs. $2.58 Bln last year.

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