EMC Insurance Group (EMCI) Misses Q3 EPS by 3c

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EMC Insurance Group Inc. Reports 2016 Third Quarter and Nine Month Results

November 4, 2016 6:30 AM EDT

Third Quarter Ended September 30, 2016Net Income Per Share $0.20Operating Income Per Share1 $0.23Net Realized Investment Losses Per Share $0.03Catastrophe and Storm Losses Per Share $0.53GAAP Combined Ratio 102.9 percent

Nine Months Ended September 30, 2016Net Income Per Share $1.19Operating Income Per Share1 $1.21Net Realized Investment Losses Per Share $0.02Catastrophe and Storm Losses Per Share $1.41GAAP Combined Ratio 99.8 percent

DES MOINES, Iowa, Nov. 04, 2016 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (NASDAQ:... More