PRA Stock Recent News

ProAssurance Corporation (NYSE:PRA ) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ET Company Participants Jason Gingerich - Investor Relations Ned Rand - President and Chief Executive Officer Dana Hendricks - Chief Financial Officer Conference Call Participants Greg Peters - Raymond James Mark Hughes - Truist Paul Newsome - Piper Sandler Jason Gingerich Welcome to ProAssurance's Conference Call to discuss the company's First Quarter 2023 Results. These results were reported in a news release issued May 9, 2023 and in the company's quarterly report on Form 10-Q, which was also filed on May 9, 2023.

ProAssurance's (PRA) first-quarter 2023 results grapple with lower net premiums earned and feeble underwriting results, partly offset by a fall in its total expenses.

The headline numbers for ProAssurance (PRA) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ProAssurance (PRA) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.15. This compares to earnings of $0.14 per share a year ago.

ProAssurance's (PRA) fourth-quarter results reflect strong net investment income and high premium rates. However, inflationary pressures remain a concern.

ProAssurance (PRA) delivered earnings and revenue surprises of 20% and 1.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ProAssurance (PRA) is likely to continue benefiting from increased interest rates.

ProAssurance Corporation (NYSE:PRA ) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Jason Gingerich - VP, IR Ned Rand - President and CEO Dana Hendricks - CFO Michael Boguski - President, Specialty, Property and Casualty Lines Kevin Shook - President, Worker's Compensation Insurance Conference Call Participants Paul Newsome - Piper Sandler Operator Ladies and gentlemen, good morning and thank you for attending today ProAssurance Third Quarter 2022 Earnings call. My name is Amber and I will be your operator for today's call.

ProAssurance (PRA) delivered earnings and revenue surprises of -130% and 0.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

ProAssurance (PRA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.