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Donegal Q3 earnings rise 7.6 percent

By Paula Holzman
10/23/2009 9:40 AM

3,269 views

Lancaster County-based Donegal Group Inc. today reported third-quarter earnings of $6.7 million, or 27 cents per diluted share of Class A common stock.

That's compared with earnings of $6.3 million, or 25 cents per diluted share of Class A common stock, in the year-ago period.

Analysts had estimated earnings per diluted share of 34 cents, according to Yahoo! Finance.

Revenues rose 2.3 percent, to $94.9 million, compared with the year-ago quarter.

Shares of the insurance holding company are traded on the Nasdaq under the ticker symbols DGICA and DGICB.

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