Donegal Gr Q2 2024 Adj EPS $0.11 Beats $0.07 Estimate, Sales $246.773M Beat $241.931M Estimate
Portfolio Pulse from Benzinga Newsdesk
Donegal Group (NASDAQ:DGICA) reported Q2 2024 adjusted EPS of $0.11, beating the $0.07 estimate by 57.14%. Sales were $246.773M, surpassing the $241.931M estimate by 2.00% and marking a 7.67% increase from the same period last year.
July 25, 2024 | 10:45 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Donegal Group (NASDAQ:DGICA) reported strong Q2 2024 results with EPS of $0.11 beating estimates by 57.14% and sales of $246.773M exceeding expectations by 2.00%. Sales also increased by 7.67% YoY.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact DGICA's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100