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ProAssurance Reports Results for Fourth Quarter and Full-Year 2024

1. ProAssurance reported Q3 net income of $16.2M and full-year 2024 net income of $52.7M. 2. Earnings details could affect PRA’s valuation amid its specialty insurer role.

Earnings
+14.32%Current Return
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-0.5%S&P 500
$14.1102/24 04:28 PM EDTEvent Start
$16.1302/25 10:57 PM EDTLatest Updated
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FAQ

Why Neutral?

The earnings announcement shows solid performance but likely aligns with analyst expectations, minimizing abrupt price shifts. Historical quarterly reports in the insurance sector often yield modest immediate reactions when results are in line with forecasts.

How important is it?

Earnings data is critical for investor sentiment and analyst re-assessments, directly impacting PRA’s stock valuation and market outlook.

Why Short Term?

Earnings announcements typically prompt short-term price adjustments as the market quickly incorporates the new data, with longer-term trends based on subsequent guidance.

Related Companies

CNAHIG
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability and a core small-cap value equity in the financials sector, today reported net income of $16.2 million, or $0.31 per diluted share, and operating income(1) of $18.3 million, or $0.36 per diluted share, for the three months ended December 31, 2024. For full-year 2024, ProAssurance reported net income of $52.7 million, or $1.03 p.

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