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Safety Insurance: 1Q Earnings Snapshot

BOSTON (AP) _ Safety Insurance Group Inc. (SAFT) on Wednesday reported first-quarter profit of $29.9 million.

On a per-share basis, the Boston-based company said it had profit of $1.95. Earnings, adjusted for investment gains, were $1.36 per share.

The automobile insurance provider posted revenue of $222.6 million in the period.

Safety Insurance shares have risen 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $93.75, an increase of 16% 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 SAFT at https://www.zacks.com/ap/SAFT