Protective Insurance Corporation (PTVCA) Reports Q3 EPS of $0.23

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Go back to Protective Insurance Corporation (PTVCA) Reports Q3 EPS of $0.23

Protective Insurance Corporation Announces Results for the Third Quarter and Nine Months

November 3, 2020 4:30 PM EST

CARMEL, Ind., Nov. 03, 2020 (GLOBE NEWSWIRE) -- Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) today reported third quarter net income of $3.3 million, or $0.23 per share, which compares to net loss of $0.7 million, or $0.05 per share, for the prior years third quarter. For the first nine months of 2020, net loss totaled $7.5 million, or $0.53 per share, which compares to net income of $3.6 million, or $0.24 per share, for the prior year period.

Highlights for the third quarter and first nine months of 2020 include:

Accident Year combined ratios were 100.0% for the third quarter of... More