United Fire Group Inc. Q1 Earnings Fall 18%

(RTTNews) - United Fire Group Inc. (UFCS) announced a profit for first quarter that decreased from last year.

The company said its earnings declined to $17.37 million, or $0.67 per share. This was down from $21.09 million, or $0.83 per share, in last year's first quarter.

The company said revenue for the quarter rose 6.5% to $283.06 million. This was up from $265.68 million last year.

United Fire Group Inc. earnings at a glance:

-Earnings (Q1): $17.37 Mln. vs. $21.09 Mln. last year. -Earnings Decline (Y-o-Y): -17.6% -EPS (Q1): $0.67 vs. $0.83 last year. -EPS Decline (Y-o-Y): -19.3% -Revenue (Q1): $283.06 Mln vs. $265.68 Mln last year. -Revenue Change (Y-o-Y): 6.5%