CORRECTION: Selective Insurance Gr Q1 Adj. EPS $1.69 Misses $1.86 Estimate, Sales $1.358B Beat $1.313B Estimate

Selective Insurance Gr (NASDAQ:SIGI) reported quarterly earnings of $1.69 per share which missed the analyst consensus estimate of $1.86 by 9.14 percent. This is a 3.98 percent decrease over earnings of $1.76 per share from the same period last year. The company reported quarterly sales of $1.358 billion which beat the analyst consensus estimate of $1.313 billion by 3.41 percent. This is a 5.68 percent increase over sales of $1.285 billion the same period last year.