Donegal Group (NASDAQ:DGIC.A) Full Year 2022 Results

Key Financial Results

• Revenue: US$848.2m (up 3.9% from FY 2021).

• Net loss: US$1.96m (down by 108% from US$25.3m profit in FY 2021).

• US$0.061 loss per share (down from US$0.82 profit in FY 2021).

DGIC.A Profitability Indicators

• Combined ratio: 103.3% (up from 101.0% in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Donegal Group Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Donegal Group you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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