Infinity Property And Casualty Posts 3Q Profit

BIRMINGHAM, Ala. (AP) _ Infinity Property and Casualty Corp. (IPCC) on Thursday reported third-quarter net income of $15.7 million.

The Birmingham, Alabama-based company said it had profit of $1.38 per share. Earnings, adjusted for investment costs, were $1.41 per share.

The auto insurer posted revenue of $348.8 million in the period.

Infinity Property and Casualty expects full-year earnings in the range of $4.20 to $4.50 per share.

Infinity Property and Casualty shares have climbed slightly more than 4 percent since the beginning of the year. The stock has climbed 11 percent in the last 12 months.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on IPCC at http://ift.tt/1LSqbQM

Keywords: Infinity Property and Casualty, Earnings Report

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