Safety Insurance Group (SAFT) Posts Q2 Loss of 7c/Share
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Safety Announces Second Quarter 2015 Results and Declares Third Quarter 2015 Dividend
August 5, 2015 4:05 PM EDTBOSTON--(BUSINESS WIRE)-- Safety Insurance Group, Inc. (NASDAQ: SAFT) today reported second quarter 2015 results. Net loss for the quarter ended June 30, 2015 was $1.1 million, or $0.07 per diluted share, compared to net income of $21.4 million, or $1.40 per diluted share, for the comparable 2014 period. Net loss for the six months ended June 30, 2015 was $36.1 million, or $2.43 per diluted share, compared to net income of $33.5 million, or $2.18 per diluted share, for the comparable 2014 period. Safetys book value per share decreased to $42.82 at June 30, 2015 from $47.19 at December 31, 2014. Safety paid $0.70 per share in dividends to investors during the quarter ended... More
