- Donegal Group press release ( NASDAQ: DGICA ): Q3 Non-GAAP EPS of -$0.27 misses by $0.60 .
- Revenue of $212.84M (+4.8% Y/Y) misses by $1.12M .
- Net premiums earned increased 5.0% to $206.1 million
- Net premiums written 1 increased 4.7% to $206.2 million
- Combined ratio of 109.6%, compared to 107.7%, largely due to elevated weather-related and fire loss activity
- Net loss included after-tax net investment losses of $1.9 million, or 6 cents per Class A share, compared to $1.2 million, or 4 cents per Class A share
- Book value per share of $14.85 at September 30, 2022, compared to $17.21
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Donegal Group Non-GAAP EPS of -$0.27 misses by $0.60, revenue of $212.84M misses by $1.12M