Safety Insurance: 2Q Earnings Snapshot
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.