American Financial Group Q3 Core Operating Earnings Fall, Revenue Rises; Shares Down After Hours

MT Newswires Live
06 Nov 2024

American Financial Group (AFG) reported Q3 core net operating earnings late Tuesday of $2.31 per share, down from $2.45 a year earlier.

Analysts polled by Capital IQ expected $2.46.

P&C insurance net earned premiums for the quarter ended Sept. 30 rose to $2.06 billion from $1.86 billion a year earlier. Four analysts surveyed by Capital IQ expected $1.81 billion.

Total revenue increased to $2.37 billion from $2.16 billion a year earlier.

The company said its board set a special cash dividend of $4 per share, payable Nov. 26 to shareholders of record Nov. 15.

American Financial shares were down 1.1% in after-hours activity.

Price: 126.04, Change: -1.40, Percent Change: -1.10

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