American Financial Group Inc expected to post earnings of $2.47 a share - Earnings Preview

American Financial

02/11/2024 03:49

* American Financial Group Inc  AFG.N   AFG  is expected
to show a
fall in quarterly revenue when it reports  results on November 5
for the period ending September 30 2024
    * The Cincinnati Ohio-based  company is expected to report a
2.0% decrease in revenue to $1.818 billion from $1.86 billion a
year ago, according to the mean estimate from 3 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 $2.47 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 135.00​, above​ its last closing price
of $127.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.44        2.45       2.56      Beat    4.7
 Jan. 1 2024   2.71        2.70       2.76      Beat    2.1
 Dec. 31 2023  2.90        2.90       2.84      Missed  -2.2​
 Sep. 30 2023  2.43        2.47       2.45      Missed  -0.8
 ​​Jun.        2.77        2.78       2.38      Missed  -14.4
 30 2023                                                
 Mar. 31 2023  2.93        2.94       2.89      Missed  -1.6​
 Dec. 31 2022  2.76        2.85       2.99      Beat    4.8
 Sep. 30 2022  2.02        2.10       2.24      Beat    6.7
 This summary was machine generated November 2 at 03:49 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)