What To Expect From HIG’s Q4

-1.36%
Downside
103
Market
102
Trefis
HIG: Hartford Financial Services Group logo
HIG
Hartford Financial Services Group

Hartford Financial is scheduled to announce fourth-quarter and full-year earnings on Thursday, February 8. We expect Hartford to report a moderate 5% year-on-year revenue growth for the quarter driven by strong performances from Commercial Lines and Group Benefits. However, catastrophe losses from the California wildfires will have a negative impact on the earnings. We currently forecast the EPS for this quarter to be $0.71. To illustrate our expectations for the company’s fourth-quarter, we have created an interactive dashboard. You can modify Revenues and Expenses from the business segments to see how the company’s results would be affected.

Catastrophe Losses To Offset Top Line Growth

Relevant Articles
  1. Up 19% YTD, What To Expect From Hartford Financial Stock?
  2. Hartford Financial Stock Lost 4% YTD, Is Correction In The Cards?
  3. Hartford Financial Stock Is Undervalued
  4. Is Hartford Financial Stock Fairly Priced?
  5. Hartford Financial Stock Lost 1.2% In One Week, What’s Next?
  6. Is Hartford Financial Stock Fairly Priced?

Hartford’s earnings are vulnerable to catastrophe losses, and it expects Catastrophe losses to be $180 million before tax this time around, largely due to the California wildfires that resulted in over $3.3 billion of insured losses. This will likely result in higher Benefits, Losses, and Loss Adjustment expenses, especially in the Personal Lines segment.

See More at Trefis | View Interactive Institutional Research (Powered by Trefis)

Get Trefis Technology