Hanover Insurance: 3Q Earnings Snapshot
WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported third-quarter earnings of $118.9 million.
On a per-share basis, the Worcester, Massachusetts-based company said it had profit of $2.96. Earnings, adjusted for non-recurring gains and to account for discontinued operations, came to $2.31 per share.
The insurance company posted revenue of $1.21 billion in the period. Its adjusted revenue was $1.2 billion.
Hanover Insurance shares have risen 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $128.96, a climb of 14% in the last 12 months.