ProAssurance Corp. Profit Declines 26% In Q3

(RTTNews) - ProAssurance Corp. (PRA) announced earnings for third quarter that declined from last year.

The company said its earnings totaled $24.44 million, or $0.46 per share. This was down from $33.01 million, or $0.61 per share, in last year's third quarter.

The company said revenue for the quarter rose 28.3% to $224.35 million. This was up from $174.93 million last year.

ProAssurance Corp. earnings at a glance:

-Earnings (Q3): $24.44 Mln. vs. $33.01 Mln. last year. -Earnings Decline (Y-o-Y): -26.0% -EPS (Q3): $0.46 vs. $0.61 last year. -EPS Decline (Y-o-Y): -24.6% -Revenue (Q3): $224.35 Mln vs. $174.93 Mln last year. -Revenue Change (Y-o-Y): 28.3%