rare miss on operating income as insurer reports 1 a share versus the streets consensus 123 a share consensus wr berkley corp shares dropped in the extended session thursday after the insurer missed the wall street consensus by several marks in its firstquarter earnings report wr berkley wrb shares fell 45 after hours following a 08 rise in the regular session to close at 6336 net income fell to 2941 million or 106 a share from 5906 million or 212 a share in the yearago period the company however reported that operating income per share fell to 1 from 110 a year ago while analysts surveyed by factset were looking for 123 making for the companys first operating income miss in the past 10 quarters total revenue fell to 29 billion from 292 billion a year ago while analysts had forecast 292 billion wr berkley has missed in three of the past four quarters according to factset similarly gross and net premiums both logged a third consecutive quarter of falling just short of the wall street consensus gross premiums written in the first quarter rose to 305 billion from 286 billion but were short of the 306 billion consensus from analysts net premiums written increased to 257 billion from 241 billion last year but short of the streets 26 billion expectation wr berkley shares are down 127 year to date while the sp 500 index has gained 76 and the techheavy nasdaq composite index has surged 152 this content was created by marketwatch which is operated by dow jones  co marketwatch is published independently from dow jones newswires and the wall street journal