United Fire: 3Q Earnings Snapshot
CEDAR RAPIDS, Iowa (AP) _ United Fire Group Inc. (UFCS) on Wednesday reported third-quarter net income of $11.1 million, after reporting a loss in the same period a year earlier.
The Cedar Rapids, Iowa-based company said it had net income of 43 cents per share. Earnings, adjusted for non-recurring gains, were less than 1 cent on a per-share basis.
The property and casualty insurance company posted revenue of $291.9 million in the period. Its adjusted revenue was $277.9 million.
United Fire shares have increased 22 percent since the beginning of the year. The stock has climbed 19 percent in the last 12 months.