Navigators: 3Q Earnings Snapshot
STAMFORD, Conn. (AP) _ The Navigators Group Inc. (NAVG) on Wednesday reported third-quarter net income of $4.6 million, after reporting a loss in the same period a year earlier.
The Stamford, Connecticut-based company said it had net income of 15 cents per share. Earnings, adjusted for investment gains, came to 14 cents per share.
The insurance company posted revenue of $377 million in the period. Its adjusted revenue was $374.4 million.
Navigators shares have climbed 43 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $69.83, an increase of 36 percent in the last 12 months.