CNA Financial Corporation (NYSE:CNA) Q1 2024 Earnings Conference Call May 6, 2024 9:00 AM ET Company Participants Ralitza Todorova - Investor Relations Dino Robusto - Chairman & Chief Executive Officer Scott Lindquist - Chief Financial Officer Conference Call Participants Josh Shanker - Bank of America Operator Ladies and gentlemen, good day and welcome to the CNA First Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. At this time, I'd like ...

For the quarter ended March 2024, CNA Financial (CNA) reported revenue of $3.06 billion, up 10% over the same period last year. EPS came in at $1.30, compared to $1.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.94 billion, representing a surprise of +4.14%. The company delivered an EPS surprise of -5.11%, with the consensus EPS estimate being $1.37.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

37 Table of Contents Catastrophe losses were $88 million and $52 million for the three months ended March 31, 2024 and 2023. Favorable net prior year loss reserve development of $7 million was recorded for the three months ended March 31, 2024 as compared with unfavorable net prior year loss reserve development of $13 million recorded for the three months ended March 31, 2023 related to our Specialty, Commercial and International segments. Further information on net prior year loss reserve development is in ...

CNA Financial Corporation Supplemental Financial Information March 31, 2024 This report is for informational purposes only and includes consolidated financial statements and financial exhibits that are unaudited. This report should be read in conjunction with documents filed with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Table of Contents Selected Balance Sheet Data and Statements of Cash Flows Data | (In millions, e ...

Net income up 14% to $338 million versus $297 million in the prior year quarter; core income up 9% to $355 million, reflecting the best first quarter core income on record, versus $325 million in the prior year quarter. P&C core income of $372 million versus $346 million, reflects higher investment income and favorable net prior year development, partially offset by higher catastrophe losses. Net investment income up 16% to $609 million pretax, includes a $44 million increase from fixed income securities a ...

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The upcoming report from CNA Financial (CNA) is expected to reveal quarterly earnings of $1.37 per share, indicating an increase of 15.1% compared to the year-ago period. Analysts forecast revenues of $2.94 billion, representing an increase of 5.7% year over year.Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cours ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CNA Financial (CNA) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are better than expecta ...

CHICAGO, April 16, 2024 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report first quarter 2024 results before the market opens on Monday, May 6, 2024. The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com. A conference call for investors and analysts is scheduled for 8 a.m. CT and will be hosted by Dino E. Robusto, Chairman & Chief Executive Officer of CNA Financial Corporation. A live webcast will be available via the Investor Relat ...