Hanover Insurance: Q4 Earnings Snapshot

WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported fourth-quarter profit of $163.5 million.

On a per-share basis, the Worcester, Massachusetts-based company said it had profit of $4.53. Earnings, adjusted for investment gains and to account for discontinued operations, were $3.38 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.

The insurance company posted revenue of $1.38 billion in the period. Its adjusted revenue was $1.33 billion.

For the year, the company reported profit of $418.7 million, or $11.49 per share. Revenue was reported as $5.1 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