Friday, Donegal Group Inc. (DGICA, DGICB) said its third-quarter net income increased to $6.74 million from $6.27 million in the prior year period. Earnings per class A share for the quarter was $0.27, higher than $0.25 in the year-ago period. Earnings per class B share for the quarter was $0.24, up from $0.23 last year.
On average, 4 analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share for the quarter.
Total revenues for the quarter rose to $94.87 million from $92.70 million in the comparable period. Three analysts estimated revenues of $94.58 million for the quarter.
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