Verisk: Q3 Earnings Snapshot
JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Verisk Analytics Inc. (VRSK) on Wednesday reported third-quarter net income of $225.5 million.
The Jersey City, New Jersey-based company said it had profit of $1.61 per share. Earnings, adjusted for one-time gains and costs, came to $1.72 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.
The insurance data provider posted revenue of $768.3 million in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $774.7 million.
Verisk expects full-year revenue in the range of $3.05 billion to $3.08 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 VRSK at https://www.zacks.com/ap/VRSK