MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICA) on Wednesday reported third-quarter net income of $11.8 million.
On a per-share basis, the Marietta, Pennsylvania-based company said it had net income of 41 cents. Earnings, adjusted for investment gains, came to 32 cents per share.
The insurance holding company posted revenue of $196.5 million in the period. Its adjusted revenue was $193.2 million.
Donegal shares have dropped nearly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.13, a decline of 1.5% in the last 12 months.
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