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EMC Insurance Group Inc (EMCI.OQ)

EMCI.OQ on NASDAQ Stock Exchange Global Select Market

26.13USD
25 Apr 2018
Change (% chg)

$-0.13 (-0.50%)
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Latest Key Developments (Source: Significant Developments)

EMC Insurance Reports Q4 EPS $1.23
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - EMC Insurance Group Inc ::EMC INSURANCE GROUP INC REPORTS 2017 FOURTH QUARTER AND YEAR-END RESULTS AND ANNOUNCES 2018 NON-GAAP OPERATING INCOME* GUIDANCE.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $1.40 TO $1.60.QTRLY CATASTROPHE AND STORM LOSSES PER SHARE $0.06.‍PROJECTED GAAP COMBINED RATIO OF 100.7 PERCENT FOR YEAR​.‍PROJECTED GAAP COMBINED RATIO FOR YEAR HAS A LOAD OF 9.0 POINTS FOR CATASTROPHE AND STORM LOSSES​.2018 ‍GUIDANCE ALSO ASSUMES A LOW-SINGLE DIGIT INCREASE IN INVESTMENT INCOME AND AN EFFECTIVE TAX RATE IN MID-TEENS​.‍RECORDED ONE-TIME $9.1 MILLION DEFERRED INCOME TAX BENEFIT RESULTING FROM ENACTMENT OF TAX CUTS AND JOBS ACT OF 2017 (TCJA) IN Q4​.FY2018 EARNINGS PER SHARE VIEW $1.67 -- THOMSON REUTERS I/B/E/S.EMC INSURANCE GROUP - QTRLY NON-GAAP OPERATING INCOME PER SHARE $0.67.Q4 EARNINGS PER SHARE $1.23.  Full Article

EMC Insurance Group Posts Q4 Loss Per Share $0.06
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - EMC Insurance Group Inc ::EMC INSURANCE GROUP INC REPORTS 2017 FOURTH QUARTER AND YEAR-END RESULTS AND ANNOUNCES 2018 NON-GAAP OPERATING INCOME* GUIDANCE.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $1.40 TO $1.60.Q4 GAAP LOSS PER SHARE $0.06.QTRLY CATASTROPHE AND STORM LOSSES PER SHARE $0.06.‍PROJECTED GAAP COMBINED RATIO OF 100.7 PERCENT FOR YEAR​.‍PROJECTED GAAP COMBINED RATIO FOR YEAR HAS A LOAD OF 9.0 POINTS FOR CATASTROPHE AND STORM LOSSES​.2018 ‍GUIDANCE ALSO ASSUMES A LOW-SINGLE DIGIT INCREASE IN INVESTMENT INCOME AND AN EFFECTIVE TAX RATE IN MID-TEENS​.‍RECORDED ONE-TIME $9.1 MILLION DEFERRED INCOME TAX BENEFIT RESULTING FROM ENACTMENT OF TAX CUTS AND JOBS ACT OF 2017 (TCJA) IN Q4​.FY2018 EARNINGS PER SHARE VIEW $1.67 -- THOMSON REUTERS I/B/E/S.  Full Article

EMC Insurance Group CEO ‍Bruce Kelley​ sells 13,503 shares of co's common stock on Nov 22
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Emc Insurance Group Inc ::EMC INSURANCE GROUP INC CEO ‍BRUCE KELLEY​ REPORTS SALE OF 13,503 SHARES OF CO'S COMMON STOCK ON NOV 22 AT $30.31 PER SHARE - SEC FILING.  Full Article

EMC INSURANCE GROUP REPORTS Q3 GAAP EPS $0.03
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Emc Insurance Group Inc ::EMC INSURANCE GROUP INC. REPORTS 2017 THIRD QUARTER AND NINE MONTH RESULTS.Q3 GAAP EARNINGS PER SHARE $0.03.SEES FY 2017 NON-GAAP OPERATING EARNINGS PER SHARE $1.15 TO $1.35.Q3 EARNINGS PER SHARE VIEW $-0.23 -- THOMSON REUTERS I/B/E/S.QTRLY ‍NON-GAAP OPERATING INCOME PER SHARE $0.05​.‍NET INVESTMENT INCOME TOTALED $11.5 MILLION FOR Q3 ENDED SEPTEMBER 30, 2017, WHICH IS CONSISTENT WITH Q3 OF 2016​.FY2017 EARNINGS PER SHARE VIEW $0.93 -- THOMSON REUTERS I/B/E/S.LOWERING 2017 NON-GAAP OPERATING INCOME GUIDANCE TO RANGE OF $1.15 TO $1.35 PER SHARE FROM PREVIOUS RANGE OF $1.35 TO $1.55 PER SHARE.  Full Article

EMC Insurance Group increases and declares quarterly cash dividend
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - EMC Insurance ::EMC Insurance Group Inc increases and declares quarterly cash dividend, and announces executive officer appointments.Sets quarterly cash dividend of $0.22per share.EMC Insurance Group - ‍new dividend represents 4.8 percent increase over previous quarterly dividend of $0.21 per share​.  Full Article

EMC Insurance Group Inc. announces estimate for third quarter catastrophe and storm losses
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - EMC Insurance Group Inc :EMC Insurance Group Inc. announces estimate for third quarter catastrophe and storm losses, and third quarter earnings call and access information.EMC Insurance Group - ‍expects to report Q3 2017 catastrophe and storm losses totaling about $29.4 million​.EMC Insurance Group - ‍on a segment basis, catastrophe and storm losses expected to total about $9.9 million in property and casualty insurance segment​.EMC Insurance - ‍reinsurance segment expects to report amount of catastrophe, storm losses totaling about $19.5 million ($0.60 per share after tax)​.  Full Article

EMC Insurance Q2 EPS $0.26
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - EMC Insurance Group Inc :EMC insurance group inc. Reports 2017 second quarter and six month results.Q2 earnings per share $0.26.Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Reaffirms fy 2017 non-gaap operating earnings per share view $1.35 to $1.55.Fy2017 earnings per share view $1.42 -- Thomson Reuters I/B/E/S.Emc insurance group inc - qtrly non-gaap operating income per share $0.16.  Full Article

EMC Insurance reports Q1 earnings per share of $0.32
Friday, 5 May 2017 

May 5 (Reuters) - Emc Insurance Group Inc ::EMC Insurance Group Inc reports 2017 first quarter results, and announces a presentation by management at the 2017 east coast ideas investor conference.Q1 earnings per share $0.32.Q1 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 non-GAAP operating earnings per share view $1.35 to $1.55.Qtrly non-gaap operating income per share $0.34.Q1 results were significantly impacted by higher than anticipated catastrophe and storm losses.Q2 catastrophe and storm losses will likely be capped at approximately same level as catastrophe and storm losses incurred in Q1.FY 2017 earnings per share view $1.51 -- Thomson Reuters I/B/E/S.Premiums earned increased 1.2 percent to $144.5 million for q1 of 2017.  Full Article

EMC Insurance Group sees FY 2016 adj. operating earnings $2.05/shr-$2.10/shr
Friday, 27 Jan 2017 

EMC Insurance Group Inc : EMC Insurance Group Inc announces an increase in 2016 guidance . Sees FY 2016 non-GAAP operating earnings per share $2.05 to $2.10 . EMC Insurance Group Inc says increase in guidance is primarily attributed to property and casualty insurance segment . EMC Insurance Group Inc - GAAP combined ratio for year is expected to be approximately 97.7 percent . EMC Insurance Group Inc says reinsurance segment's GAAP combined ratio is estimated to be approximately 89.8 percent for Q4 . EMC Insurance Group Inc - GAAP combined ratio for year is expected to be approximately 97.7 percent . Says expects to report net income in range of $2.18 to $2.23 per share for year ended december 31, 2016 . FY2016 earnings per share view $1.66, revenue view $636.5 million -- Thomson Reuters I/B/E/S . EMC Insurance Group - increase in guidance is primarily attributed to property and casualty insurance segment .Property and casualty insurance segment is expected to report a Q4 GAAP combined ratio of about 92.2 percent.  Full Article

EMC Insurance Group Q3 earnings per share $0.20
Friday, 4 Nov 2016 

EMC Insurance Group Inc : Qtrly net investment income increased 1.5 percent to $11.5 million . EMC Insurance Group Inc reports 2016 third quarter and nine month results . Q3 earnings per share $0.20 . Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Reaffirms FY 2016 operating earnings per share view $1.55 to $1.75 .Q3 operating earnings per share $0.23 excluding items.  Full Article

BRIEF-EMC Insurance Group Announces First Quarter Estimates

* ANNOUNCES FIRST QUARTER ESTIMATES, REVISES 2018 NON-GAAP OPERATING INCOME GUIDANCE AND ANNOUNCES FIRST QUARTER EARNINGS CALL AND ACCESS INFORMATION