Donegal Group Inc expected to post earnings of 19 cents a share - Earnings Preview

Donegal

20/02/2024 16:40

* Donegal Group Inc  DGICA.OQ   DGICA.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
22 for the period ending December 31 2023
    * The Marietta Pennsylvania-based  company is expected to
report a
4.7% increase in revenue to $234.015 million from $223.44
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Sale/Revenue Majority Basis is
based on Total Revenue)
    * ​LSEG's mean analyst estimate for Donegal Group Inc is for
earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Donegal
Group Inc
is $14.50​, below​ its last closing price of $14.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.15        0.08       0.01      Missed  -87.5
 Jun. 30 2023  0.19        0.20       0.00      Missed  -100
 Mar. 31 2023  0.35        0.35       0.17      Missed  -51.4​
 Dec. 31 2022  0.25        0.25       0.09      Missed  -64
 ​​Sep.        0.22        0.22       -0.27     Missed  -225.6
 30 2022                                                
 Jun. 30 2022  0.30        0.29       -0.05     Missed  -117.2
                                                        ​
 Mar. 31 2022  0.21        0.22       0.43      Beat    98.5
 Dec. 31 2021  0.37        0.37       0.14      Missed  -61.6
 This summary was machine generated February 20 at 16:39 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)