Earnings Summary

Safety Insurance Group Inc’s revenue jumped 29.16% since last year same period to $229.44Mn in the Q2 2023. On a quarterly growth basis, Safety Insurance Group Inc has generated 7.97% jump in its revenue since last 3-months.

Safety Insurance Group Inc’s net profit jumped 115.18% since last year same period to $17Mn in the Q2 2023. On a quarterly growth basis, Safety Insurance Group Inc has generated 237.8% jump in its net profits since last 3-months.

Safety Insurance Group Inc’s net profit margin jumped 66.59% since last year same period to 7.41% in the Q2 2023. On a quarterly growth basis, Safety Insurance Group Inc has generated 227.64% jump in its net profit margins since last 3-months.

Safety Insurance Group Inc’s earning per share (EPS) estimates for the current quarter stand at 1.1 - a -4.35% fall from last quarter’s estimates.

Safety Insurance Group Inc’s earning per share (EPS) estimates for the current year stand at 1.1.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Safety Insurance Group Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Safety Insurance Group Inc’s return on equity (ROE) stands at 0.04.

Safety Insurance Group Inc declared 0.9 dividend per share during the earnings announcement for Q1 2023.