Donegal: 2Q Earnings Snapshot
MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICA) on Monday reported a loss of $790,000 in its second quarter.
On a per-share basis, the Marietta, Pennsylvania-based company said it had a loss of 3 cents. Losses, adjusted for one-time gains and costs, came to 2 cents per share.
The insurance holding company posted revenue of $195.8 million in the period. Its adjusted revenue was $194.3 million.
Donegal shares have decreased 21 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.68, a drop of almost 10 percent in the last 12 months.