EMC Insurance Group (EMCI) Tops Q2 EPS by 3c

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Go back to EMC Insurance Group (EMCI) Tops Q2 EPS by 3c

EMC Insurance Group Inc. Reports 2016 Second Quarter and Six Month Results

August 9, 2016 6:30 AM EDT

Second Quarter Ended June 30, 2016Net Income Per Share $0.29Operating Income Per Share1 $0.24Net Realized Investment Gains Per Share $0.05Catastrophe and Storm Losses Per Share $0.69Large Losses Per Share $0.31GAAP Combined Ratio 103.4 percent

Six Months Ended June 30, 2016

Net Income Per Share $0.99Operating Income Per Share1 $0.98Net Realized Investment Gains Per Share $0.01Catastrophe and Storm Losses Per Share $0.89Large Losses Per Share $0.41GAAP Combined Ratio 98.1 percent

DES MOINES, Iowa, Aug. 09, 2016 (GLOBE NEWSWIRE) -- EMC... More