Hartford Financial Services Group Inc reports results for the quarter ended in March - Earnings Summary

• Hartford Financial Services Group Inc HIG reported quarterly adjusted earnings of $2.34​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.68. The mean expectation of twenty analysts for the quarter was for earnings of $2.45 per share. Wall Street expected results to range from $2.30 to $2.57 per share.

• Revenue rose 8.6% to $6.42 billion from a year ago; analysts expected $6.51 billion.

• Hartford Financial Services Group Inc's reported EPS for the quarter was $2.47​.

• The company reported quarterly net income of $748 million.

• Hartford Financial Services Group Inc shares had fallen by 3.1% this quarter and gained 24.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.7% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the multiline insurance & brokers peer group is also "buy"

Wall Street's median 12-month price target for Hartford Financial Services Group Inc is $110.00

This summary was machine generated from LSEG data April 25 at 11:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)