United Fire (UFCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The new home away from home for the UFC has been the VyStar Veterans Memorial Arena. The third event in eight days happens on Saturday night. Like the two before it, Saturday’s show won’t have fans on hand, but the event will go on. The main event features t…
At this time, I'd like to turn the conference call over to Randy Patten, assistant vice president and controller. The COVID-19 pandemic has had a profound impact on day-to-day life, financial markets and the economy beginning in mid-March.
Q1 2020 United Fire Group Inc Earnings Call
On March 31, 2020, United Fire & Casualty Company, a wholly owned subsidiary of United Fire Group, Inc. ("UFG," the "Company"), entered into a credit agreement (the "Credit Agreement") with Wells Fargo Bank, National Association ("Wells Fargo") providing for a $50 million unsecured revolving credit facility with the opportunity to expand the line by an additional $100 million. The new credit agreement also includes a $20 million letter of credit sub-facility and a $5 million swingline loan facility.
Earlier this week, Donald Cerrone and his coaches jumped into his RV and trundled away from the BMF Ranch , his New Mexico training compound, in a cloud of dust...
It returns today without fans in the grandstands.
This weekly article series covers dividend increases, cuts, and suspensions. A summary table provides relevant data and key statistics of dividend increases. We
UFC president Dana White might look to book the Khabib Nurmagomedov vs. Conor McGregor rematch in 2020.
CEDAR RAPIDS, Iowa, April 20, 2020 -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2020 first quarter earnings ...
NEW YORK, NY / ACCESSWIRE / February 18, 2020 / United Fire Group, Inc. (NASDAQ:UFCS) will be discussing their earnings results in their 2019 Fourth Quarter and Year-End Earnings call to be held on February ...
After sports bettors made last weekend's event the most bet in the history of the sport, sportsbooks have high expectations for tonight's UFC Fight Night: Smith vs. Teixeira.
Brian Kelleher is eating the Dana White Tuesday Night Contender Series prospects up as the promotion is feeding them to him. On Wednesday night, Kelleher scored a huge, upset victory via huge KO over the previously undefeated Hunter Azure.
Trump’s taped message was played during a broadcast of the UFC 249 undercard.
Edson Barboza is one of the UFC’s most talented strikers, and he’s also one of the best in the promotion’s history to never hold a title. He’s dropping down to featherweight for this fight in hopes of jump-starting his career against Dan Ige.
Director Elections to the Board of Directors AnnouncedNew Officer Elections Announced Director Elections to the Board of Directors CEDAR RAPIDS, Iowa, May 22, 2020 --.
CEDAR RAPIDS, Iowa, Feb. 18, 2020 -- United Fire Group, Inc. (Nasdaq: UFCS) Consolidated Financial Results - Highlights(1): Quarter Ended December 31, 2019 Year Ended.
Shares of United Fire Group (NASDAQ:UFCS) were unchanged at $26.78 after the company reported Q1 results.Quarterly Results Earnings per share were down 94.51% over the past year to $0.05, which missed the estimate of $0.16.Revenue of $177,805,000 less by 41.81% from the same period last year, which missed the estimate of $270,320,000.Outlook Earnings guidance hasn't been issued by the company for now.United Fire Group hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 06, 2020View more earnings on UFCSWebcast URL: https://services.choruscall.com/links/ufcs200506Technicals Company's 52-week high was at $53.6852-week low: $25.00Price action over last quarter: down 40.34%Company Description United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company operates in two segments: property and casualty insurance, which includes commercial lines insurance, personal lines insurance and assumed reinsurance, and life insurance, which includes deferred and immediate annuities, universal life products and traditional life. The primary source of revenue is premiums and investment income.See more from Benzinga * Recap: BioCryst Pharmaceuticals Q1 Earnings * 16 Technology Stocks Moving In Wednesday's Pre-Market Session * National Energy Services: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Also, for the fourth quarter of 2019, the Company estimates reporting a GAAP combined ratio in the range of 117 percent to 119 percent, with a GAAP loss ratio in the range of 84 percent to 87 percent. For the full year of 2019, the Company estimates a GAAP combined ratio in the range of 108 percent to 110 percent, with a GAAP loss ratio in the range of 75 percent to 78 percent.
Q4 2019 United Fire Group Inc Earnings Call
UFCS earnings call for the period ending March 31, 2020.
CEDAR RAPIDS, Iowa, May 20, 2020 -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.33 per.
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United Fire Group, Inc. (UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2019 fourth quarter and year-end earnings results will be released before the market opens on February 18, 2020. An earnings call will be held at 9:00 a.m. central time on that date to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2019 fourth quarter and year-end results. Webcast: A webcast of the teleconference can be accessed at the Company's investor relations page at http://ir.ufginsurance.com/event or https://services.choruscall.com/links/ufcs200217.
United Fire Group (UFCS) Q1 results reflect increase in severity of catastrophe and non-catastrophe losses and a decrease in net investment income.
United Fire (UFCS) delivered earnings and revenue surprises of -58.33% and -5.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
In 2007, Randy Ramlo was appointed CEO of United Fire Group, Inc. (NASDAQ:UFCS). This report will, first, examine the...
Arch Capital (ACGL) expects pre-tax net losses across property, casualty and mortgage segments due to COVID-19 pandemic.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
A plethora of modern broadcasts of classic sporting events has given rise to an important wave of nostalgia in these trying times.
The simplest way to invest in stocks is to buy exchange traded funds. But in our experience, buying the right stocks...
CEDAR RAPIDS, Iowa, May 06, 2020 -- United Fire Group, Inc. (Nasdaq: UFCS) Consolidated Financial Results - Highlights(1): Three Months Ended March 31, 2020 Net income (loss).