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Stock impact report

American Financial Q3 Earnings Miss on Higher Catastrophe Losses [Yahoo! Finance]

American Financial Group, Inc. (AFG) 
Last american financial group, inc. earnings: 2/3 05:01 pm Check Earnings Report
US:NYSE Investor Relations: afginc.com/investors
Company Research Source: Yahoo! Finance
The decrease was due to higher year-over-year catastrophe losses related primarily to Hurricane Helene and lower favorable prior-year reserve development in the Specialty Property and Casualty (P&C) insurance operations, partially offset by higher investment income. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. American Financial's results reflected higher premiums, increased average renewal pricing across the P&C group and improved net investment income. Higher expenses and catastrophe losses were the offsets. American Financial Group, Inc. price-consensus-eps-surprise-chart | American Financial Group, Inc. Quote Total revenues of $2.2 billion increased 10.4% year over year. The growth came on the back of higher P&C insurance net earned premiums and net investment income. The top line beat the Zacks Consensus Estimate by 10.7%. Net investment income climbed 19% year over year to $200 million in the quarter under review. The figure was higher than Show less Read more
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