Donegal Group Inc. reported earnings of $10.8 million, or 43 cents per diluted Class A share, for the fourth quarter of 2007.
Donegal Group Inc. reported earnings of $10.8 million, or 43 cents per diluted Class A share, for the fourth quarter of 2007. This is down from $11 million, or 44 cents per diluted Class A share, in the same period last year.
Analysts estimated 43 cents per Class A share for the quarter.
The insurance company reported full-year earnings of $38.3 million, down from $40.2 million in 2006.
Lancaster County-based Donegal is a holding company with subsidiaries that sell personal and commercial lines of property and casualty insurance.
Donegal trades its Class A stock on the Nasdaq under the ticker symbol DGICA.
