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Safety Insurance: 2Q Earnings Snapshot

July 31, 2019

BOSTON (AP) _ Safety Insurance Group Inc. (SAFT) on Wednesday reported second-quarter net income of $25.9 million.

On a per-share basis, the Boston-based company said it had profit of $1.68. Earnings, adjusted for investment gains, came to $1.47 per share.

The automobile insurance provider posted revenue of $216 million in the period.

Safety Insurance shares have risen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $98.66, a rise of roughly 8% 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 SAFT at https://www.zacks.com/ap/SAFT

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