Protective Insurance Corporation (NASDAQ:PTVCA) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
Previous Quarter Performance
Protective Insurance Corporation unveiled loss for the first quarter of $ 0.02 per share, from the revenue of $ 90.80 million. The quarterly earnings decreased 3.85 percent while revenues compared with the same quarter last year.
According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.09 or , at the same time, top line results analysts by $ 36.21 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PTVCA was $ 15.23, representing a 39.09 % increase from the 52 week low of $ 10.95 and a 29.03 % decrease over the 52 week high of $ 21.46.
The company has a market capital of $ 186.23 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Recent Stock Dividend Announcement
On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.10 per share to holders of record as of the close of business on May 19, 2020, with payment date of June 2, 2020 and ex-dividend date on May 18, 2020.
Protective Insurance Corporation, through its subsidiaries, engages in marketing and underwriting property and casualty insurance products. The company offers a range of fleet transportation insurance products, including commercial motor vehicle liability, physical damage, and general liability insurance; workers compensation insurance; medical and indemnity insurance products; non-trucking motor vehicle liability insurance; fidelity and surety bonds; and inland marine products consisting of cargo insurance. It also provides various additional services, such as risk surveys and analyses, safety program design and monitoring, government compliance assistance, loss control, and cost studies; research, development, and consultation in connection with new insurance programs that comprise development of systems to assist customers in monitoring their accident data; and claims handling services to clients with self-insurance programs.
