Infinity Property And Casualty Q3 Profit Rises - Quick Facts

(RTTNews) - Infinity Property and Casualty Corp. (IPCC) reported that its thrid-quarter net income increased to $7.2 million or $0.62 per share, from $5.2 million or $0.43 per share, last year. Operating earnings, after-tax, was $7.3 million or $0.63 per share, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.77 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $335.0 million, from $313.7 million, last year. Infinity revised its 2013 earnings guidance to $2.40 to $2.90 per share. Analysts expect the company to report 2013 profit per share of $2.73.