25.04.2024 22:47:18 - dpa-AFX: Hartford Financial Services Group Inc. Q1 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - Hartford Financial Services Group Inc. (HIG) revealed
earnings for its first quarter that increased from the same period last year but
missed the Street estimates.

The company's earnings totaled $748 million, or $2.47 per share. This compares
with $530 million, or $1.66 per share, in last year's first quarter.

Excluding items, Hartford Financial Services Group Inc. reported adjusted
earnings of $709 million or $2.34 per share for the period.

Analysts on average had expected the company to earn $2.45 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.6% to $6.42 billion from $5.91
billion last year.

Hartford Financial Services Group Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $748 Mln. vs. $530 Mln. last year.
-EPS (Q1): $2.47 vs. $1.66 last year.
-Revenue (Q1): $6.42 Bln vs. $5.91 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
HARTFORD FINL SVCS GRP 898521 Frankfurt 94,000 10.05.24 08:04:45 +1,500 +1,62% 0,000 0,000 94,000 94,000

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