Hartford Financial Services Group Inc reports results for the quarter ended in January - Earnings Summary
25/07/2024 22:02
* Hartford Financial Services Group Inc HIG.N reported
quarterly
adjusted earnings of $2.50 per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of $1.88. The mean expectation of
twenty analysts for the quarter was for earnings of $2.24 per
share. Wall Street expected results to range from $2.05
to $2.45 per share.
* Revenue rose 7.2% to $6.49 billion from a year ago;
analysts
expected $6.57 billion.
* Hartford Financial Services Group Inc's reported EPS for
the
quarter was $2.44.
* The company reported quarterly net income of $733 million.
* Hartford Financial Services Group Inc shares had risen
by 1.4%
this quarter and gained 26.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 8.7%
in the last three months.
* In the last 30 days, thirteen analysts negatively revised
earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the multiline
insurance
& brokers peer group is also "buy"
Wall Street's median 12-month price target for Hartford
Financial Services Group Inc is $111.50
This summary was machine generated from LSEG data July 25 at
09:01 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 2.24 2.50 Beat
Mar. 31 2024 2.45 2.34 Missed
Dec. 31 2023 2.44 3.06 Beat
Sep. 30 2023 1.98 2.29 Beat