Markel Q3 Profit Falls to $259.3 Million as EPS Drops to $18.15 From $59.25

Markel Group Inc. (MKL) reported a sharp decline in third-quarter profit, with net income falling to $259.255 million, or $18.15 per share, from $751.336 million, or $59.25 per share, a year earlier. Revenue for the period rose 5.7% to $4.158 billion from $3.934 billion last year, according to the company's GAAP results. The earnings figures compare against the prior-year quarter's results as reported by the company.