Donegal posts 4Q profit

Associated Press |

MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICA) on Friday reported fourth-quarter earnings of $5.6 million.

On a per-share basis, the Marietta, Pennsylvania-based company said it had net income of 21 cents. Earnings, adjusted for investment gains, came to 20 cents per share.

The insurance holding company posted revenue of $177.2 million in the period. Its adjusted revenue was $176.1 million.

For the year, the company reported profit of $30.8 million, or $1.16 per share. Revenue was reported as $684.8 million.

Donegal shares have dropped 2.5 percent since the beginning of the year. The stock has risen 16 percent in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DGICA at

Keywords: Donegal Group, Earnings Report

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