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Donegal Group: Q2 Earnings Insights


Benzinga | Jul 27, 2020 04:44PM EDT

Donegal Group: Q2 Earnings Insights

Shares of Donegal Group (NASDAQ:DGICA) were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 258.82% over the past year to $0.61, which beat the estimate of $0.26.

Revenue of $198,900,000 rose by 0.06% year over year, which beat the estimate of $192,370,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Donegal Group hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $16.19

52-week low: $11.22

Price action over last quarter: down 10.50%

Company Overview

Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.






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