W. R. Berkley Corporation (WRB: Quote) reported fourth-quarter net income to common stockholders of $165.4 million or $1.17 per share, compared to $117.0 million or $0.82 per share in the comparable quarter last year.
Operating income for the quarter was $90.4 million or $0.64 per share, up from $82.2 million or $0.58 per share in the year-ago quarter.
On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.50 per share for the quarter. Analysts’ estimates typically exclude special items.
Total revenues for the latest quarter rose to $1.608 billion from $1.370 billion a year ago, while four analysts expected revenues of $1.48 billion for the quarter.
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by RTT Staff Writer
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