ProAssurance Q2 Profit Declines - Quick Facts

(RTTNews) - ProAssurance Corp. (PRA) reported second-quarter net income of $50.5 million, or $0.81 per share, compared to $58.5 million, or $0.95 per share in the year ago quarter.

Operating Income for the quarter declined to $44.9 million, or $0.72 per share, from $59.5 million or $0.96 per share, last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.87 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenues for the quarter rose to $170.81 million from $163.87 million in the prior year quarter, while four analysts had a consensus revenue estimate of $166.53 million.