Donegal Group (DGICA) Tops Q1 EPS by 14c

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Go back to Donegal Group (DGICA) Tops Q1 EPS by 14c

Donegal Group Inc. Announces Significant Improvement in First Quarter 2015 Results

April 24, 2015 8:00 AM EDT

MARIETTA, Pa., April 24, 2015 (GLOBE NEWSWIRE) -- Donegal Group Inc. (Nasdaq: DGICA) (Nasdaq: DGICB) today reported its financial results for the first quarter of 2015. Highlights included:

Net income of $6.9 million, or 25 cents per diluted Class A share, for the first quarter of 2015, a significant improvement compared to a net loss of $634,414, or 2 cents per diluted Class A share, for the first quarter of 2014 Results reflect lower pre-tax effect of winter weather-related losses of $8.8 million for the first quarter of 2015, compared to $15.3 million for the first quarter of 2014... More