The Hanover Insurance Group Q1 adjusted earnings Beat Estimates

(RTTNews) - The Hanover Insurance Group (THG) released a profit for its first quarter that climbed from last year.

The company's profit came in at $67.7 million, or $1.57 per share. This compares with $45.2 million, or $1.05 per share, in last year's first quarter.

Excluding items, The Hanover Insurance Group reported adjusted earnings of $84.0 million or $1.95 per share for the period.

Analysts had expected the company to earn $1.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The Hanover Insurance Group earnings at a glance:

-Earnings (Q1): $84.0 Mln. vs. $40.8 Mln. last year. -EPS (Q1): $1.95 vs. $0.95 last year. -Analysts Estimate: $1.74