Donegal Group (DGICA) Misses Q4 EPS Expectations
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Donegal Group Inc. Announces Significantly Improved Fourth Quarter and Full Year 2015 Results
February 19, 2016 8:00 AM ESTMARIETTA, Pa., Feb. 19, 2016 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the fourth quarter and full year of 2015. Significant developments include:
Net income and operating income1 for the fourth quarter of 2015 increased by more than 70% over amounts for the fourth quarter of 2014, largely due to lower non-weather losses in the 2015 periodNet income and operating income for the full year of 2015 increased by approximately 84% and 105%, respectively, from the levels for the full year of 2014, largely... More