Safety Insurance Group Inc Reveals Retreat In Q4 Profit

Safety Insurance Group Inc (SAFT) reported earnings for fourth quarter that decreased from the same period last year

The company's bottom line came in at $8.13 million, or $0.55 per share. This compares with $12.26 million, or $0.83 per share, last year.

Excluding items, Safety Insurance Group Inc reported adjusted earnings of $13.96 million or $0.94 per share for the period.

The company's revenue for the period rose 11.0% to $286.72 million from $258.40 million last year.

Safety Insurance Group Inc earnings at a glance (GAAP) :

-Earnings: $8.13 Mln. vs. $12.26 Mln. last year.
-EPS: $0.55 vs. $0.83 last year.
-Revenue: $286.72 Mln vs. $258.40 Mln last year.

by RTTNews Staff Writer

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