United Fire Group Slips To Loss In Q3

(RTTNews) - United Fire Group, Inc. (UFCS) reported a consolidated net loss of $17.9 million or $0.72 per share for the third-quarter ended September 30, 2017, compared to net income of $12.4 million or $0.48 per share for the same period in 2016.

The Company reported a consolidated operating loss of $0.73 per share for the third quarter, compared to consolidated operating income of $0.41 per share for the same period in 2016.

Total revenues were $296.67 million up from $289.49 million last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share and revenues of $291.48 million. Analysts' estimates typically exclude special items.