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W.R. Berkley: Q2 Earnings Snapshot
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GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Monday reported second-quarter profit of $452.3 million.

On a per-share basis, the Greenwich, Connecticut-based company said it had profit of $1.15. Earnings, adjusted for investment costs, came to $1.27 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

The insurance company posted revenue of $3.72 billion in the period. Its adjusted revenue was $3.77 billion, which also topped Street forecasts. Three analysts surveyed by Zacks expected $3.7 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 WRB at https://www.zacks.com/ap/WRB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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