American Financial Group Inc expected to post earnings of $2.70 a share - Earnings Preview

American Financial

29/04/2024 23:18

* American Financial Group Inc  AFG.N   AFG  is expected
to show a
rise in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Cincinnati Ohio-based  company is expected to report a
19.5% increase in revenue to $1.718 billion from $1.44 billion a
year ago, according to the mean estimate from 5 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 $2.70 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $140.50​, above​ its last closing price
of $127.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.90        2.90       2.84      Missed  -2.2
 Sep. 30 2023  2.43        2.47       2.45      Missed  -0.8
 Jan. 1 0001   2.77        2.78       2.38      Missed  -14.4​
 Mar. 31 2023  2.93        2.94       2.89      Missed  -1.6
 ​​Jan.        2.76        2.85       2.99      Beat    4.8
 1 0001                                                 
 Sep. 30 2022  2.02        2.10       2.24      Beat    6.7​
 Jan. 1 0001   2.20        2.22       2.85      Beat    28.7
 Mar. 31 2022  2.79        2.72       3.56      Beat    30.9
 This summary was machine generated April 29 at 22:18 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)