Donegal Group, Inc. (NASDAQ:DGICA) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.24 per share.
For the full year, analysts predict revenues of $ 773.62 million, while looking forward to income of $ 1.67 per share.
Previous Quarter Performance
Donegal Group, Inc. outlined income for the second quarter of $ 0.61 per share, from the revenue of $ 198.90 million. Wall street analysts are predicting, DGICA to report 2Q20 income of $ 0.26 per share from revenue of $ 192.37 million. The bottom line results beat street analysts by $ 0.35 or 134.62 percent, at the same time, top line results outshined analysts by $ 6.53 million or 3.39 percent.
Stock Performance
Shares of Donegal Group, Inc. traded low $ -0.07 or -0.48 percent on Tuesday, reaching $ 14.51 with volume of 122.40 thousand shares. Donegal Group, Inc. has traded high as $ 14.65 and has cracked $ 14.50 on the downward trend
According to the previous trading day, closing price of $ 14.51, representing a 29.95 % increase from the 52 week low of $ 11.22 and a 9.94 % decrease over the 52 week high of $ 16.19.
The company has a market capital of $ 412.24 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, Commercial Lines of Insurance, and Investment in DFSC. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles.
