Earnings Summary

Selective Insurance Group Inc’s revenue jumped 20.32% since last year same period to $1040.52Mn in the Q2 2023. On a quarterly growth basis, Selective Insurance Group Inc has generated 4.07% jump in its revenue since last 3-months.

Selective Insurance Group Inc’s net profit jumped 48.3% since last year same period to $58.61Mn in the Q2 2023. On a quarterly growth basis, Selective Insurance Group Inc has generated -36.69% fall in its net profits since last 3-months.

Selective Insurance Group Inc’s net profit margin jumped 23.26% since last year same period to 5.63% in the Q2 2023. On a quarterly growth basis, Selective Insurance Group Inc has generated -39.17% fall in its net profit margins since last 3-months.

Selective Insurance Group Inc’s earning per share (EPS) estimates for the current quarter stand at 1.42 - a 21.37% jump from last quarter’s estimates.

Selective Insurance Group Inc’s earning per share (EPS) estimates for the current year stand at 1.42.

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. Selective Insurance Group Inc’s return on assets (ROA) stands at 0.02.

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. Selective Insurance Group Inc’s return on equity (ROE) stands at 0.11.

Selective Insurance Group Inc declared 0.3 dividend per share during the earnings announcement for Q1 2023.