(1888PressRelease)
May 19, 2009 - Delphi Financial Group Inc. is a holding company whose subsidiariesprovide integrated employee benefit services. The Company manages all aspects of employee absence to enhance the productivity of its clients and provides the related insurance coverages: long-term and short-term disability excess and primary workers' compensation group life and travel accident.
The Company's asset accumulation business emphasizes individual annuity products. Delphi Financial Group Inc. has a market cap of $1.04 billion; its shares were traded at around $22.14 with a P/E ratio of 9.93 and P/S ratio of 0.73. The dividend yield of Delphi Financial Group Inc. stocks is 1.81%. Delphi Financial Group Inc. had an annual average earning growth of 8.9% over the past 10 years.
Highlight of Business Operations:
Summary of Results. Net income was $24.5 million, or $0.51 per diluted share, in the first quarter of 2009 as compared to $21.1 million, or $0.42 per diluted share, in the first quarter of 2008. Net income in the first quarter of 2009 and 2008 included net realized investment losses, net of the related income tax benefit, of $14.3 million, or $0.30 per diluted share, and $4.2 million, or $0.09 per diluted share, respectively.
http://www.delphifin.com/
###
