CNA Financial (CNA) Tops Q1 EPS by 8c
CNA Financial (NYSE: CNA) reported Q1 EPS of $0.96, $0.08 better than the analyst estimate of $0.88.
"I am very pleased with our results as we achieved the best underlying combined ratio in over 12 years, offsetting substantially elevated catastrophes in the first quarter, as well as continued double-digit rate increases and strong new business growth. We remain bullish about our growth opportunities for the remainder of the year as we expect favorable market conditions to persist," said Dino E. Robusto, Chairman & Chief Executive Officer of CNA Financial Corporation.
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