Protective Insurance: 3Q Earnings Snapshot
INDIANAPOLIS (AP) _ Protective Insurance Corporation-A (PTVCA) on Wednesday reported a third-quarter loss of $12.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Indianapolis-based company said it had a loss of 82 cents. Losses, adjusted for investment gains, came to 95 cents per share.
The insurance company posted revenue of $105.8 million in the period.
Protective Insurance shares have fallen 11 percent since the beginning of the year. The stock has declined 7 percent in the last 12 months.