MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICA) on Wednesday reported third-quarter profit of $5.2 million.
The Marietta, Pennsylvania-based company said it had profit of 18 cents per share. Earnings, adjusted for investment costs and non-recurring costs, came to 20 cents per share.
The insurance holding company posted revenue of $198 million in the period. Its adjusted revenue was $198.4 million.
Donegal shares have risen 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.60, an increase of almost 9% in the last 12 months.