American Financial Group Inc expected to post earnings of $2.45 a share - Earnings Preview

American Financial

02/08/2024 21:44

* American Financial Group Inc  AFG.N   AFG  is expected
to show a
rise in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Cincinnati Ohio-based  company is expected to report a
13.4% increase in revenue to $1.71 billion from $1.51 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Revenue is Net Premiums Earned same with (P&C
insurance premiums))
    * ​LSEG's mean analyst estimate for American Financial Group
Inc
is for earnings of $2.45 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for American
Financial Group Inc is $136.00​, above​ its last closing price
of $128.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.71        2.70       2.76      Beat    2.1
 Jan. 1 2024   2.90        2.90       2.84      Missed  -2.2
 Sep. 30 2023  2.43        2.47       2.45      Missed  -0.8​
 Jun. 30 2023  2.77                   2.38              -14.4
 ​​Mar.        2.93        2.94       2.89      Missed  -1.6
 31 2023                                                
 Dec. 31 2022  2.76        2.85       2.99      Beat    4.8​
               2.02        2.10       2.24      Beat    6.7
 Jun. 30 2022  2.20        2.22       2.85      Beat    28.7
 This summary was machine generated August 2 at 20:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)