Finance

Revenues Beat Expectations, EPS In Line


  • Revenue: US$6.76b (up 9.5% from 3Q 2023).

  • Net income: US$761.0m (up 18% from 3Q 2023).

  • Profit margin: 11% (in line with 3Q 2023).

  • EPS: US$2.60 (up from US$2.12 in 3Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company’s shares are down 8.0% from a week ago.

Before you take the next step you should know about the 1 warning sign for Hartford Financial Services Group that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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