Monday, Hanover Insurance Group Inc. (THG) reported third-quarter net income of $49.7 million or $0.97 per share, compared to a loss of $61.8 million or $1.21 per share in the same quarter last year.
On average, six analysts polled by Thomson Reuters expected the company to earn $0.99 per share for the quarter. Analysts' estimates typically exclude special items.
Net premiums written for the quarter was $688.8 million, up 5.7% from the prior-year quarter.
Analysts expected the company to report revenue of $671.37 million for the quarter.
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