Hanover Insurance: Q1 Earnings Snapshot

WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Tuesday reported first-quarter net income of $104.8 million.

On a per-share basis, the Worcester, Massachusetts-based company said it had profit of $2.90. Earnings, adjusted for investment costs and to account for discontinued operations, came to $3.26 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3 per share.

The insurance company posted revenue of $1.33 billion in the period. Its adjusted revenue was $1.35 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THG at https://www.zacks.com/ap/THG