Safety Insurance Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 258.4 million compared to USD 226.6 million a year ago. Net income was USD 12.26 million compared to USD 24.63 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 1.68 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 1.67 a year ago.
For the full year, revenue was USD 930.96 million compared to USD 797.56 million a year ago. Net income was USD 18.88 million compared to USD 46.56 million a year ago. Basic earnings per share from continuing operations was USD 1.28 compared to USD 3.17 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 3.15 a year ago.