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United Fire: 3Q Earnings Snapshot

CEDAR RAPIDS, Iowa (AP) _ United Fire Group Inc. (UFCS) on Wednesday reported third-quarter net income of $11.1 million, after reporting a loss in the same period a year earlier.

The Cedar Rapids, Iowa-based company said it had net income of 43 cents per share. Earnings, adjusted for non-recurring gains, were less than 1 cent on a per-share basis.

The property and casualty insurance company posted revenue of $291.9 million in the period. Its adjusted revenue was $277.9 million.

United Fire shares have increased 22 percent since the beginning of the year. The stock has climbed 19 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 UFCS at https://www.zacks.com/ap/UFCS