Donegal Group (DGICA) Misses Q3 EPS by 5c

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Go back to Donegal Group (DGICA) Misses Q3 EPS by 5c

Donegal Group Inc. Announces Results for Third Quarter and First Nine Months of 2016

October 28, 2016 8:01 AM EDT

MARIETTA, Pa., Oct. 28, 2016 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) (NASDAQ: DGICB) today reported its financial results for the third quarter and first nine months of 2016. Significant developments include:

Net income was $4.8 million, or 18 cents per diluted Class A share, for the third quarter of 2016 compared to net income of $5.7 million, or 21 cents per diluted Class A share, for the third quarter of 2015Net income and operating income1 for the first nine months of 2016 increased 32.8% and 28.3%, respectively, from comparable... More