Donegal Group Reports Q4 Earnings of $24 Million
MARIETTA, Pa. (AP) - Donegal Group Inc. (DGICA) announced earnings of $24 million for its fourth quarter on Thursday. On a per-share basis, the Marietta, Pennsylvania-based company reported net income of 70 cents. Excluding investment gains, earnings amounted to 69 cents per share.
During the period, the insurance holding company generated revenue of $250 million, with adjusted revenue totaling $249.7 million. For the full year, Donegal Group reported profit of $50.9 million, or $1.53 per share, on revenue of $984.6 million.