Hartford Financial (HIG) Tops Q3 EPS by 9c

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Go back to Hartford Financial (HIG) Tops Q3 EPS by 9c

The Hartford Reports Third Quarter 2018 Income From Continuing Operations, After Tax, Of $1.17 Per Diluted Share And Core Earnings Of $1.15 Per Diluted Share

October 25, 2018 4:15 PM EDT

Income from continuing operations, after tax, totaled $427 million compared with third quarter 2017 income from continuing operations, after tax, of $145 million ($0.40 per diluted share) Core earnings* were $418 million, up from $130 million ($0.35 per diluted share*) in third quarter 2017, due to higher income from the Commercial Lines, Personal Lines, Group Benefits and Mutual Funds segments, including the favorable impact of a lower U.S. corporate tax rate, and a lower Corporate core loss Property and casualty (P&C) combined ratio of 97.3 decreased 9.8 points from third quarter 2017 due to... More