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WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported a loss of $11.6 million in its fourth quarter.
The Worcester, Massachusetts-based company said it had a loss of 33 cents per share. Losses, adjusted for investment gains and to account for discontinued operations, were $1.05 per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of $1.05 per share.
The insurance company posted revenue of $1.48 billion in the period. Its adjusted revenue was $1.45 billion.
For the year, the company reported profit of $116 million, or $3.21 per share. Revenue was reported as $5.58 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a THG">Zacks stock report on THG at https://www.zacks.com/ap/THG