April 22 Insurer ACE Ltd reported a quarterly profit that beat analysts' estimates as commercial insurance rates continued to improve in the United States. The company's net income fell to $953 million, or $2.77 per share, for the first quarter from $973 million, or $2.84 per share, a year earlier. The company's operating income was $2.17 per share. Analysts on average had expected operating income of $1.94 per share, according to Thomson Reuters I/B/E/S.
The analysists were disappointed by the quarterly profits.
Read the following paragraph and determine if the hypothesis is true:

April 22 Insurer ACE Ltd reported a quarterly profit that beat analysts' estimates as commercial insurance rates continued to improve in the United States. The company's net income fell to $953 million, or $2.77 per share, for the first quarter from $973 million, or $2.84 per share, a year earlier. The company's operating income was $2.17 per share. Analysts on average had expected operating income of $1.94 per share, according to Thomson Reuters I/B/E/S.

Hypothesis: The analysists were disappointed by the quarterly profits.n
Options: 

 - yes

 - it is not possible to tell

 - no
no
Read the following paragraph and determine if the hypothesis is true:

April 22 Insurer ACE Ltd reported a quarterly profit that beat analysts' estimates as commercial insurance rates continued to improve in the United States. The company's net income fell to $953 million, or $2.77 per share, for the first quarter from $973 million, or $2.84 per share, a year earlier. The company's operating income was $2.17 per share. Analysts on average had expected operating income of $1.94 per share, according to Thomson Reuters I/B/E/S.

Hypothesis: The analysists were disappointed by the quarterly profits.n
Options: 

 - yes

 - it is not possible to tell

 - no
user
no
assistant