Hartford Financial climbs on Q4 profit beat
02/02/2024 15:11
** Shares of insurer Hartford Financial HIG.N rise ~4.2%
to $90.70, its highest since 2007
** Late on Thursday, HIG posted Q4 profit that exceeded
market expectations as the investment and insurance firm
benefited from robust premiums and investment gains
** It reported core earnings of $3.06/share versus analysts'
average estimate of $2.44 - LSEG data
** Hartford's net earned premiums stood at $5.43 bln in Q4,
compared with $5.02 bln a year ago
** Including session's move, stock up 21.1% in the last 12
months
(Reporting by Christy Santhosh)
((Christy.Santhosh@thomsonreuters.com))