ProAssurance Corp reports results for the quarter ended March 31 - Earnings Summary

• ProAssurance Corp PRA.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of six analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 15 cents to 21 cents per share.

• Revenue fell 2.4% to $303.82 million from a year ago; analysts expected $305.47 million.

• ProAssurance Corp's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $5.82 million.

• ProAssurance Corp shares had fallen by 1.6% this quarter and gained 44.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"

• Wall Street's median 12-month price target for ProAssurance Corp is $18.00

This summary was machine generated from LSEG data May 6 at 11:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)