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


RTTNews | Nov 2, 2021 05:20PM EDT

17:20 Tuesday, November 2, 2021 (RTTNews.com) - 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.

Read the original article on RTTNews ( https://www.rttnews.com/3238535/american-financial-group-q3-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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