EMC Insurance Group (EMCI) Tops Q1 EPS, Revenue Views

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Go back to EMC Insurance Group (EMCI) Tops Q1 EPS, Revenue Views

EMC Insurance Group Inc. Reports 2016 First Quarter Results

May 6, 2016 6:30 AM EDT

First Quarter Ended March 31, 2016

Operating Income Per Share $0.74Net Income Per Share $0.70Net Realized Investment Losses Per Share $0.03Catastrophe and Storm Losses Per Share $0.19Large Losses Per Share $0.09GAAP Combined Ratio 92.7 percent

2016 Operating Income Guidance $1.70 to $1.90 per share

DES MOINES, Iowa, May 06, 2016 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (NASDAQ: EMCI) (the Company), today reported operating income of $15.4 million ($0.74 per share) for the first quarter ended March 31, 2016, compared to operating income of $19.8 million ($0.97 per share) for the first quarter of... More