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Safety Insurance: Q1 Earnings Snapshot
May 5, 2021
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BOSTON (AP) Safety Insurance Group Inc. (SAFT) on Wednesday reported first-quarter net income of $36.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Boston-based company said it had profit of $2.42. Earnings, adjusted for non-recurring gains, were $1.93 per share.
The automobile insurance provider posted revenue of $221.9 million in the period.
Safety Insurance shares have risen slightly more than 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $82.78, a climb of 4% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAFT at https://www.zacks.com/ap/SAFT