Donegal: 4Q Earnings Snapshot

MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICB) on Tuesday reported fourth-quarter net income of $14.6 million.

The Marietta, Pennsylvania-based company said it had profit of 44 cents per share. Earnings, adjusted for non-recurring gains, were 35 cents per share.

The insurance company posted revenue of $197.5 million in the period. Its adjusted revenue was $193.8 million.

For the year, the company reported profit of $52.8 million, or $1.65 per share. Revenue was reported as $775 million.

Donegal shares have risen nearly 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.50, an increase of slightly more than 2% in the last 12 months.


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