EMC Insurance Group (EMCI) Tops Q4 EPS by 1c

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Go back to EMC Insurance Group (EMCI) Tops Q4 EPS by 1c

EMC Insurance Group Inc. Reports 2016 Fourth Quarter and Year-End Results, and Announces 2017 Non-GAAP Operating Income[1] Guidance and Participation by Management at Industry Conferences

February 10, 2017 6:30 AM EST

Fourth Quarter Ended December 31, 2016Net Income Per Share $1.01Non-GAAP Operating Income Per Share $0.86Net Realized Investment Gains Per Share $0.15Catastrophe and Storm Losses Per Share $0.07GAAP Combined Ratio 91.7 percent

Year Ended December 31, 2016Net Income Per Share $2.20Non-GAAP Operating Income Per Share $2.07Net Realized Investment Gains Per Share $0.13Catastrophe and Storm Losses Per Share $1.48GAAP Combined Ratio 97.7 percent

2017 Non-GAAP Operating Income Guidance $1.35 to $1.55 per share

DES MOINES, Iowa, Feb. 10, 2017 (GLOBE... More