EMC Insurance Group Inc. Reports 2018 Fourth Quarter and Year-End Results and Announces 2019 Non-GAAP Operating Income* Guidance
EMC INSURANCE GROUP (EMCI)
Last emc insurance group earnings: 2/7 06:30 am
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US:NASDAQ Investor Relations:
investors.emcins.com
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Source: GlobeNewswire
Fourth Quarter Ended December 31, 2018Net Loss Per Share – $1.00Non-GAAP Operating Income Per Share* – $0.43Net Realized Investment Losses and Change in Net Unrealized Investment Gains on Equity Investments Per Share – ($1.43)Catastrophe and Storm Losses Per Share – $0.68GAAP Combined Ratio – 102.0 percent Year Ended December 31, 2018Net Loss Per Share – $0.35Non-GAAP Operating Income Per Share* – $1.09Net Realized Investment Losses and Change in Net Unrealized Investment Gains on Equity Investments Per Share – ($1.44)Catastrophe and Storm Losses Per Share – $2.23GAAP Combined Ratio – 104.0 percent 2019 Non-GAAP Operating Income Guidance* of $1.35 to $1.55 per share *Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP). See “Definition of Non-GAAP Information and Reconciliation to Comparable GAAP Measures” for additional information. DES MOINES, Iowa, Feb. 07, 2019
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