GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Monday reported fourth-quarter earnings of $449.5 million.
The Greenwich, Connecticut-based company said it had profit of $1.13 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The insurance company posted revenue of $3.72 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $3.75 billion.
For the year, the company reported profit of $1.78 billion, or $4.45 per share. Revenue was reported as $14.58 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRB at https://www.zacks.com/ap/WRB
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