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Zenith National Insurance 3Q earnings beat expectations


Published :
Mon, 22 Oct 2007 17:00
By : Agencies
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NEW YORK (Thomson Financial) - Zenith National Insurance Corp. Monday said third-quarter net income was $64.5 million or $1.73 a share, beating the mean estimate of three analysts polled by Thomson Financial of $1.67 a share.

Revenue for the Woodland Hills, Calif.-based insurance company fell to $215.4 million from $258 million in the year-ago period.

Shares of Zenith rose 1.4% to $44.59 on Monday.

Ryan Vlastelica

rv/pc

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