Selective Insurance Group: Q2 Earnings Insights

Shares of Selective Insurance Group SIGI rose 2.36% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 65.52% over the past year to $0.40, which beat the estimate of $0.33.

Revenue of $724,800,000 rose by 3.34% from the same period last year, which beat the estimate of $675,030,000.

Guidance

Selective Insurance Group hasn't issued any earnings guidance for the time being.

Selective Insurance Group hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $81.35

Company's 52-week low was at $37.05

Price action over last quarter: Up 28.70%

Company Description

Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with most of its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts primarily on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.