25.10.2018 23:38:33

Hartford Financial Services Group Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Hartford Financial Services Group Inc. (HIG) announced a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $432 million, or $1.19 per share. This compares with $234 million, or $0.64 per share, in last year's third quarter.

Excluding items, Hartford Financial Services Group Inc. reported adjusted earnings of $418 million or $1.15 per share for the period.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.5% to $4.84 billion from $4.19 billion last year.

Hartford Financial Services Group Inc. earnings at a glance:

-Earnings (Q3): $418 Mln. vs. $130 Mln. last year. -EPS (Q3): $1.15 vs. $0.35 last year. -Analysts Estimate: $1.06 -Revenue (Q3): $4.84 Bln vs. $4.19 Bln last year.

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