Markel Corp. (MKL) reported fourth-quarter net income to shareholders of $56.8 million or $6.23 per share, compared to $50.2 million or $5.19 per share in the comparable quarter last year.
On average, eight analysts polled by Thomson Reuters expected the company to report a loss of $2.73 per share for the quarter. Analysts' estimates typically exclude one-time items.
Total operating revenues for the quarter increased to $807.96 million from $685.20 million in the prior year quarter, while six analysts estimated revenues of $766.74 million for the quarter.
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