CEDAR RAPIDS, Iowa (AP) _ United Fire Group Inc. (UFCS) on Thursday reported fourth-quarter net income of $12 million.
The Cedar Rapids, Iowa-based company said it had net income of 46 cents per share.
The property and casualty insurance company posted revenue of $302 million in the period. Its adjusted revenue was $302.1 million.
For the year, the company reported profit of $49.9 million, or $1.93 per share. Revenue was reported as $1.13 billion.
United Fire shares have decreased almost 2 percent since the beginning of the year. The stock has risen 31 percent in the last 12 months.
Keywords: United Fire Group, Earnings Report