Selective Insurance Group (SIGI) missed Q2 earnings with a $2.59 EPS gap, shares dropped $18.24.

Selective Insurance Group (SIGI) missed Q2 earnings with EPS of $1.10 vs $1.49 consensus, a $2.59 gap. Revenue was $1.20B vs $1.21B estimate, shares dropped $18.24 to $82.08. The company announced a $0.35 Q3 dividend, and has mixed analyst reviews; RBC rates it "sector perform" while BofA gives "underperform". SIGI offers casualty, property, and flood insurance products in the US.

July 20, 2024
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