EMC Insurance Group: 2Q Earnings Snapshot

August 7, 2018

DES MOINES, Iowa (AP) _ EMC Insurance Group Inc. (EMCI) on Tuesday reported a second-quarter loss of $5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Des Moines, Iowa-based company said it had a loss of 24 cents. Losses, adjusted for investment costs, came to 2 cents per share.

The insurance holding company posted revenue of $172.5 million in the period.

EMC Insurance Group shares have decreased roughly 10 percent since the beginning of the year. The stock has decreased 6 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMCI at https://www.zacks.com/ap/EMCI

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