Selective Insurance Group (SIGI) Tops Q4 EPS by 29c, Revenues Beat

Selective Insurance Group (NASDAQ: SIGI) reported Q4 EPS of $1.20, $0.29 better than the analyst estimate of $0.91. Revenue for the quarter came in at $643 million versus the consensus estimate of $606.26 million.

"In the fourth quarter, we generated a 92.7% GAAP combined ratio, or 90.3% excluding catastrophe losses," said Gregory E. Murphy, Chairman and Chief Executive Officer. "For the year, non-GAAP operating ROE was 12.5%, exceeding our ROE target of 12%. We are extremely proud of our continued track record of generating solid returns for our shareholders, as this was the fifth consecutive year the Company generated double digit non-GAAP operating ROEs."

For earnings history and earnings-related data on Selective Insurance Group (SIGI) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49
• Pro Diversity Network (IPDN) Reports Q2 Loss of $0.15