The Zacks Property and Casualty Insurance industry is well-poised to benefit from better pricing, prudent underwriting, increased exposure, an improving rate environment and a solid capital position. With the ongoing economic expansion, insurers remain well-poised for growth. The buoyancy in the industry is further confirmed by its Zacks Industry Rank #31, which places it in the top 12% of more than 250 Zacks industries.However, industry players continue to grapple with issues like higher catastrophe events ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to ____ Commission File No. 1-13653 AMERICAN FINANCIAL GROUP, INC. Incorporated under the Laws of Ohio IRS Employer I.D. No. 31-1544320 301 East Fourth Street, ...

Core Viewpoint - American Financial Group (NYSE: AFG) has experienced a moderate performance over the past year, with a gain of approximately 19%, although recent concerns regarding catastrophe losses due to a late hurricane season have led to a pullback in shares [1]. Company Performance - The shares of American Financial Group have gained about 19% over the past year [1]. - Recent weeks have seen a pullback in shares due to concerns about potential catastrophe losses [1]. Market Context - The late hurricane season has raised concerns that may impact the company's stock performance [1].

American Financial Group, Inc. (NYSE:AFG) Q3 2024 Earnings Conference Call November 6, 2024 11:30 AM ET Company Participants Diane Weidner - VP, IR Carl Lindner - Co-CEO Craig Lindner - Co-CEO Brian Hertzman - CFO Conference Call Participants Michael Zaremski - BMO Andrew Andersen - Jefferies Meyer Shields - Keefe, Bruyette, & Woods Operator Good day, and thank you for standing by. Welcome to the American Financial Group Third Quarter 2024 Conference Call [Operator Instructions]. Please be advised that toda ...

American Financial Group, Inc. (AFG) reported third-quarter 2024 net operating earnings per share of $2.31, which missed the Zacks Consensus Estimate by 7.9%. The bottom line decreased 5.7% year over year. The decrease was due to higher year-over-year catastrophe losses related primarily to Hurricane Helene and lower favorable prior-year reserve development in the Specialty Property and Casualty (P&C) insurance operations, partially offset by higher investment income.Stay up-to-date with all quarterly relea ...

Press Release For Immediate Release American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend • Net earnings per share of $2.16; includes ($0.15) per share in after-tax non-core items • Core net operating earnings $2.31 per share • Third quarter annualized ROE of 15.2%; core operating ROE of 16.2% • Overall average renewal rate increases excluding workers' compensation of 8% • Board of Directors declares $4.00 per share special dividend, payable November 26, 2024 CINCINNAT ...

For the quarter ended September 2024, American Financial Group (AFG) reported revenue of $2.28 billion, up 10.4% over the same period last year. EPS came in at $2.31, compared to $2.45 in the year-ago quarter. The reported revenue represents a surprise of +10.69% over the Zacks Consensus Estimate of $2.06 billion. With the consensus EPS estimate being $2.51, the EPS surprise was -7.97%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

American Financial Group (AFG) came out with quarterly earnings of $2.31 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.97%. A quarter ago, it was expected that this property and casualty insurer would post earnings of $2.53 per share when it actually produced earnings of $2.56, delivering a surprise of 1.19%.Over the las ...

Analysts on Wall Street project that American Financial Group (AFG) will announce quarterly earnings of $2.51 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $2.06 billion, declining 0.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...

The market expects American Financial Group (AFG) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these ...