AP NEWS

United Fire: 3Q Earnings Snapshot

November 7, 2018

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.

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

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