American Financial Q2 Profit Down

(RTTNews) - American Financial Group Inc. (AFG) Monday reported second-quarter net earnings of $106 million or $1.15 per share, compared to $110 million or $1.20 per share last year.

Core net operating earnings were $99 million or $1.07 per share, compared to $87 million or $0.96 per share last year.

Total revenues for the quarter were $1.39 billion compared to $1.14 billion last year. P&C insurance net earned premiums rose to $931 million from $709 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.96 per share on revenues of $845.5 million for the quarter. Analysts' estimates typically exclude special items.