Donegal Group Q2 2024 Earnings Report

Donegal Group EPS Results

• Actual EPS: $0.11
• Consensus EPS: $0.07
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: N/A

Donegal Group Revenue Results

• Actual Revenue: $246.77 million
• Expected Revenue: $243.00 million
• Beat/Miss: Beat by +$3.77 million
• YoY Revenue Growth: N/A

Donegal Group Announcement Details

• Quarter: Q2 2024
• Date: 7/25/2024
• Time: Before Market Opens

Donegal Group (NASDAQ:DGICA), an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. 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; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property. It also offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products primarily to Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions through independent insurance agencies. Donegal Group Inc. was incorporated in 1986 and is based in Marietta, Pennsylvania. Donegal Group Inc. operates as a subsidiary of Donegal Mutual Insurance Company.