First-quarter earnings grew substantially for Eastern Insurance Holding Inc., PPL Corp. and Select Medical Holdings Corp., while YRC Worldwide Inc. continued narrowing its quarterly losses, according to the companies with midstate presence.
Lancaster-based Eastern Insurance had net income of $2.9 million for the quarter that ended March 31, a 55 percent increase from a year ago, the company said.
Allentown-based electric generation and supply company PPL, which has generating facilities and customers in the midstate, posted first-quarter income of $545 million, a 35 percent increase from a year ago.
Earnings per share were 93 cents, beating analyst estimates of 66 cents, according to Yahoo Finance.
Cumberland County-based acute care hospital operator Select Medical posted net income of nearly $42.6 million, a 20 percent increase from the year-ago quarter.
Diluted earnings per share were 29 cents for the quarter, slightly better than analyst estimates of 25 cents, according to Yahoo Finance.
Lower Allen Township-based Select Medical operates 111 hospitals and 12 rehabilitation hospitals, along with 954 outpatient rehabilitation clinics.
The company trades shares of its stock on the NYSE under the ticker symbol SEM.
The company's first-quarter net loss was $85.5 million, compared with a loss of $102.2 million a year ago, the company said.
Loss per diluted share was $12.40. Analysts had estimated a loss of $10.42, according to Yahoo Finance.