Earnings Outlook For Donegal Group

On Tuesday, July 27, Donegal Group (NASDAQ:DGICA) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Donegal Group EPS will likely be near $0.28 while revenue will be around $200.66 million, according to analysts. In the same quarter last year, Donegal Group reported EPS of $0.61 on revenue of $198.90 million.

Why Analyst Estimates And Earnings Surprises Are Important

If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be down 54.1%. Revenue would be have grown 0.88% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Donegal Group were trading at $15.22 as of July 23. Over the last 52-week period, shares are up 10.38%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Donegal Group is scheduled to hold the call at 11:00:00 ET and can be accessed here.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.


Posted In: