Selective Insurance (SIGI) Misses Q3 Earnings and Revenue Estimates

Selective Insurance (SIGI) came out with quarterly earnings of $1.40 per share, missing the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -17.16%. A quarter ago, it was expected that this insurance holding company would post earnings of $1.56 per share when it actually produced a loss of $1.10, delivering a surprise of -170.51%. Over the last fo ...