Verisk Analytics Inc. Q4 Profit Decreases, but beats estimates

(RTTNews) - Verisk Analytics Inc. (VRSK) revealed earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $141.9 million, or $0.87 per share. This compares with $176.2 million, or $1.07 per share, in last year's fourth quarter.

Excluding items, Verisk Analytics Inc. reported adjusted earnings of $239.6 million or $1.47 per share for the period.

Analysts on average had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $766.0 million from $713.3 million last year.

Verisk Analytics Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $141.9 Mln. vs. $176.2 Mln. last year. -EPS (Q4): $0.87 vs. $1.07 last year. -Analyst Estimates: $1.41 -Revenue (Q4): $766.0 Mln vs. $713.3 Mln last year.