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Hartford Financial Services Group Inc. (HIG) announced earnings for its second quarter that rose from the same period last year.


RTTNews | Jul 28, 2021 04:53PM EDT

16:53 Wednesday, July 28, 2021 (RTTNews.com) - Hartford Financial Services Group Inc. (HIG) announced earnings for its second quarter that rose from the same period last year.

The company's profit totaled $900 million, or $2.51 per share. This compares with $463 million, or $1.29 per share, in last year's second quarter.

Excluding items, Hartford Financial Services Group Inc. reported adjusted earnings of $836 million or $2.33 per share for the period.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.3% to $5.59 billion from $5.07 billion last year.

Hartford Financial Services Group Inc. earnings at a glance:

-Earnings (Q2): $836 Mln. vs. $438 Mln. last year.-EPS (Q2): $2.33 vs. $1.22 last year.-Analysts Estimate: $1.33-Revenue (Q2): $5.59 Bln vs. $5.07 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3213014/hartford-financial-services-group-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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