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Stock impact report

Donegal Group Inc. Announces First Quarter 2020 Results

Donegal Group, Inc. - Class A (DGICA) 
Last donegal group, inc. - class a earnings: 4/28 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.donegalgroup.com
Company Research Source: GlobeNewswire
MARIETTA, Pa., April 28, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA and DGICB) today reported its financial results for the first quarter of 2020. The Company will hold a conference call to discuss these results on Wednesday, April 29, 2020 at 11:00 A.M. Eastern Time. You may listen to the webcast of this conference call by accessing the event link at http://investors.donegalgroup.com. Significant items include: Net income of $3.7 million, or 13 cents per diluted Class A share, for the first quarter of 2020, compared to $23.0 million, or 82 cents per diluted Class A share, for the first quarter of 2019Net investment losses of $10.7 million for the first quarter of 2020, primarily related to unrealized losses in the fair value of equity securities held at March 31, 2020, compared to net investment gains of $18.1 million for the first quarter of 2019 that included $12.7 million from the sale of Donegal Financial Services CorporationNet premiums earned of $187.3 mill Show less Read more
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