GREENWICH, Conn. (AP) _ W.R. Berkley Corp. (WRB) on Thursday reported fourth-quarter net income of $294.4 million.

On a per-share basis, the Greenwich, Connecticut-based company said it had profit of $1.59. Earnings, adjusted for investment gains, were $1.53 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.

The insurance company posted revenue of $2.58 billion in the period. Its adjusted revenue was $2.57 billion, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.35 billion.

For the year, the company reported profit of $1.02 billion, or $5.48 per share. Revenue was reported as $9.36 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRB at https://www.zacks.com/ap/WRB

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