Form 8-K DONEGAL GROUP INC For: Oct 23

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Go back to Form 8-K DONEGAL GROUP INC For: Oct 23

Donegal Group (DGICA) Misses Q3 EPS by 11c

October 23, 2015 8:03 AM EDT

Donegal Group (NASDAQ: DGICA) reported Q3 EPS of $0.22, $0.11 worse than the analyst estimate of $0.33.

Kevin G. Burke, President and Chief Executive Officer of Donegal Group Inc., noted, "The objective of Donegal Group's long-term strategic business plan is to outperform the property and casualty insurance industry over the long term in terms of service, profitability and book value growth. While our underwriting results for the third-quarter of 2015 fell short of the excellent results we achieved in the third quarter of 2014, we believe the year-over-year improvement in our financial results for the first nine months... More