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HCC to Meet or Surpass 2006 Estimates

Stock trades up.

HCC Insurance

(HCC) - Get Warrior Met Coal, Inc. Report

said on Wednesday it expects to achieve or beat the consensus earnings estimate of $2.55 per fully diluted share for the year 2006.

The estimate contemplates a roughly 7% common share dilution from the company's recent equity offering and the expense of stock options under the newly implemented FASB rule SFAS 123.

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The company also said that its estimates for the full year 2006 net written premium of $1.9 billion as against the Thomson First Call estimate of $1.88 billion. HCC is considering average fully diluted shares outstanding at 115 million.

The stock was trading 36 cents up at $31.25.

This story was created through a joint venture between and IRIS.