Argo beats consensus despite cats lowering Q4 profit

Argo Group International became the latest Bermudian to beat
Wall Street forecasts despite a dip in fourth-quarter profit that
included a cat-driven underwriting loss at its Lloyd's
platform.
The company reported adjusted operating profit of $19.8mn, down
19 percent on the prior-year period. But the $0.65-a-share result
produced a modest beat on the consensus analyst forecast of $0.62 a
share, according to six estimates compiled by MarketWatch.com.
For the full year, however, profit climbed 12 p