EMC Insurance Group: 3Q Earnings Snapshot
DES MOINES, Iowa (AP) _ EMC Insurance Group Inc. (EMCI) on Wednesday reported third-quarter earnings of $19.1 million.
On a per-share basis, the Des Moines, Iowa-based company said it had net income of 89 cents. Earnings, adjusted for investment gains, came to 48 cents per share.
The insurance holding company posted revenue of $178 million in the period.
EMC Insurance Group shares have declined 11 percent since the beginning of the year. The stock has decreased 14 percent in the last 12 months.