26.01.2017 15:08:14
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Old Republic International Q4 Earnings Advance 50%
(RTTNews) - Old Republic International (ORI) announced a profit for its fourth quarter that increased compared to the same period last year.
The company said its bottom line climbed to $122.3 million, or $0.43 per share. This was up from $81.3 million, or $0.29 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.7% to $1.55 billion. This was up from $1.48 billion last year.
Old Republic International earnings at a glance:
-Earnings (Q4): $122.3 Mln. vs. $81.3 Mln. last year. -Earnings Growth (Y-o-Y): 50.4% -EPS (Q4): $0.43 vs. $0.29 last year. -EPS Growth (Y-o-Y): 48.3% -Analysts Estimate: $0.31 -Revenue (Q4): $1.55 Bln vs. $1.48 Bln last year. -Revenue Change (Y-o-Y): 4.7%
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