American Financial Group Inc expected to post earnings of $2.90 a share - Earnings Preview

American Financial

02/02/2024 23:26

* American Financial Group Inc  AFG.N   AFG  is expected
to show a
fall in quarterly revenue when it reports  results on February 6
for the period ending December 31 2023
    * The Cincinnati Ohio-based  company is expected to report a
13.7% decrease in revenue to $1.664 billion from $1.93 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 $2.90 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $130.00​, above​ its last closing price
of $118.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.43        2.47       2.45      Missed  -0.8
 Jun. 30 2023  2.77        2.78       2.38      Missed  -14.4
 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.        2.02        2.10       2.24      Beat    6.7
 30 2022                                                
 Jun. 30 2022  2.20        2.22       2.85      Beat    28.7​
 Mar. 31 2022  2.79        2.72       3.56      Beat    30.9
 Dec. 31 2021  2.99        2.98       4.12      Beat    38.3
 This summary was machine generated February 2 at 23:26 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)