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EMC Insurance Group: 3Q Earnings Snapshot

DES MOINES, Iowa (AP) _ EMC Insurance Group Inc. (EMCI) on Wednesday reported third-quarter earnings of $19.1 million.

On a per-share basis, the Des Moines, Iowa-based company said it had net income of 89 cents. Earnings, adjusted for investment gains, came to 48 cents per share.

The insurance holding company posted revenue of $178 million in the period.

EMC Insurance Group shares have declined 11 percent since the beginning of the year. The stock has decreased 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMCI at https://www.zacks.com/ap/EMCI