State Auto Financial Reports First Quarter 2021 Results
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State Auto Financial (STFC) Tops Q1 EPS by 70c, Revenues Beat
May 6, 2021 6:27 AM EDTState Auto Financial (NASDAQ: STFC) reported Q1 EPS of $0.08, $0.70 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $412.2 million versus the consensus estimate of $383.37 million.
STFCs Chairman, President and CEO Mike LaRocco commented on the quarter as follows:
Our first quarter was solid, with continued growth, expense ratio improvement and progress toward sustained profitability. Catastrophes, though, had a significant impact on our... More
