Safety Insurance Group Full Year 2024 Earnings: EPS: US$4.81 (vs US$1.28 in FY 2023)

Safety Insurance Group (NASDAQ:SAFT) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.12b (up 20% from FY 2023).
• Net income: US$70.7m (up 276% from FY 2023).
• Profit margin: 6.3% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$4.81 (up from US$1.28 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Safety Insurance Group shares are down 2.5% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Safety Insurance Group that you should be aware of before investing here.

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