Selective Insurance (SIGI) Lags Q4 Earnings and Revenue Estimates

Selective Insurance (SIGI) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.18%. A quarter ago, it was expected that this insurance holding company would post earnings of $1.69 per share when it actually produced earnings of $1.40, delivering a surprise of -17.16%.Over the last fou ...