Hanover Insurance Group (THG – Free Report) came out with quarterly earnings of $2.23 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.96 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 10.95%. A quarter ago, it was expected that this insurance company would post earnings of $1.93 per share when it actually produced earnings of $2.01, delivering a surprise of 4.15%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Hanover Insurance, which belongs to the Zacks Insurance – Property and Casualty industry, posted revenues of $1.22 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 0.87%. This compares to year-ago revenues of $1.17 billion. The company has topped consensus revenue estimates three times over the last four quarters.