Donegal Group (NASDAQ:DGICA) Shares Gap Down on Disappointing Earnings

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) gapped down before the market opened on Thursday following a weaker than expected earnings announcement. The stock had previously closed at $18.61, but opened at $17.08. Donegal Group shares last traded at $17.68, with a volume of 21,453 shares. Get Donegal Group alerts: The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.02). The firm had revenue of $240.14 million during the qua ...