Donegal Posts 2Q Profit

MARIETTA, Pa. (AP) _ Donegal Group Inc. (DGICB) on Tuesday reported second-quarter profit of $8.6 million.

On a per-share basis, the Marietta, Pennsylvania-based company said it had net income of 32 cents. Earnings, adjusted for investment gains, came to 31 cents per share.

The insurance company posted revenue of $169.1 million in the period.

Donegal shares have dropped 6 percent since the beginning of the year. The stock has declined 17 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 DGICB at http://ift.tt/2arT1io

Keywords: Donegal Group, Earnings Report

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