Hartford Financial (HIG) Misses Q1 EPS by 2c
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The Hartford Reports First Quarter 2017 Net Income And Core Earnings Per Diluted Share* Of $1.00
April 27, 2017 4:16 PM EDTNet income of $378 million increased 17% from first quarter 2016 primarily due to lower net realized capital losses, partially offset by higher catastrophe losses; net income per diluted share of $1.00 up 27% from first quarter 2016 Core earnings* of $378 million decreased 2% from first quarter 2016 primarily due to higher property and casualty (P&C) current accident year losses including catastrophes, partially offset by higher net investment income; core earnings per diluted share* of $1.00 rose 5% from first quarter 2016 Net investment income of $728 million rose 5% from first quarter 2016 principally due to higher income from limited partnerships and... More
