(RTTNews) - ProAssurance Corp. (PRA) announced earnings for third quarter that Dropped, from the same period last year and missed the Street estimates.
The company's bottom line came in at $1.44 million, or $0.03 per share. This compares with $16.44 million, or $0.32 per share, last year.
Analysts on average had expected the company to earn $0.26 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.0% to $279.55 million from $285.25 million last year.
ProAssurance Corp. earnings at a glance (GAAP) :
-Earnings: $1.44 Mln. vs. $16.44 Mln. last year. -EPS: $0.03 vs. $0.32 last year. -Revenue: $279.55 Mln vs. $285.25 Mln last year.
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