JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Verisk Analytics Inc. (VRSK) on Tuesday reported fourth-quarter earnings of $61.1 million.
On a per-share basis, the Jersey City, New Jersey-based company said it had profit of 39 cents. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to $1.43 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The insurance data provider posted revenue of $630.4 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $615.9 million.
For the year, the company reported profit of $953.9 million, or $6 per share. Revenue was reported as $2.5 billion.
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