Hartford Financial (HIG) Q1 Earnings Miss on High Expenses

The Hartford Financial Services Group, Inc. (HIG) reported first-quarter 2024 adjusted operating earnings of $2.34 per share, which lagged the Zacks Consensus Estimate by 3.7$4.3 billion, which improved 10.8% year over year in the quarter under review. However, the top line missed the consensus mark of $4.4 billion.Weaker-than-expected earnings were caused by elevated loss trends in homeowners and auto coupled wit ...