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Donegal: Q4 Earnings Snapshot

Donegal: Q4 Earnings Snapshot

By AP News
Published - Feb 23, 2023, 06:54 AM ET
Last Updated - Jun 22, 2023, 08:04 PM EDT

MARIETTA, Pa. (AP) — MARIETTA, Pa. (AP) — Donegal Group Inc. (DGICB) on Thursday reported fourth-quarter net income of $3.5 million.

The Marietta, Pennsylvania-based company said it had profit of 9 cents per share. Earnings, adjusted for non-recurring gains, were 8 cents per share.

The insurance company posted revenue of $223.4 million in the period. Its adjusted revenue was $222.8 million.

For the year, the company reported a loss of $2 million, or 7 cents per share, swinging to a loss in the period. Revenue was reported as $858.4 million.

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