Tower Group Inc. reported earnings results for third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating income of $30.17 million compared to $18.46 million for the third quarter of 2008. For nine months period, the company's operating income increased to $87.98 million from $47.77 million for the same period a year ago.

Tower Group Inc. reported consolidated unaudited earnings results for third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $29,978,000 or $0.74 per diluted share on total revenues of $256,340,000 compared to net income of $16,716,000 or $0.71 per diluted share on total revenues of $130,747,000 for the same period a year ago. Income before income taxes was $46,539,000 compared to income before income taxes of $25,444,000 for the same period a year ago. For nine months period, the company reported net income of $78,582,000 or $2.04 per diluted share on total revenues of $711,645,000 compared to net income of $41,739,000 or $1.78 per diluted share on total revenues of $348,037,000 for the same period a year ago. Income before income taxes was $120,470,000 compared to income before income taxes of $65,060,000 for the same period a year ago. The company expects fourth quarter 2009 operating earnings per share to be in a range of $0.86 to $0.96 per diluted share. For the full year 2009, the company projects operating earnings per share to be in a range between $3.15 and $3.25 per diluted share. For 2010, the company projects its operating earnings per share to be in a range between $3.50 and $3.70 per diluted share.

Tower Group Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 5, 2009).