American Financial Group Q3 adjusted earnings Beat Estimates

(RTTNews) - American Financial Group (AFG) reported earnings for its third quarter that advanced from last year.

The company's bottom line totaled $219 million, or $2.56 per share. This compares with $164 million, or $1.86 per share, in last year's third quarter.

Excluding items, American Financial Group reported adjusted earnings of $231 million or $2.71 per share for the period.

Analysts had expected the company to earn $1.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.2% to $1.75 billion from $1.56 billion last year.

American Financial Group earnings at a glance:

-Earnings (Q3): $231 Mln. vs. $121 Mln. last year. -EPS (Q3): $2.71 vs. $1.38 last year. -Analysts Estimate: $1.86 -Revenue (Q3): $1.75 Bln vs. $1.56 Bln last year.