State Auto Financial (STFC) Misses Q1 EPS by 32c

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State Auto Financial Reports First Quarter 2016 Results

April 28, 2016 6:00 AM EDT

Quarterly income of $0.07 per share Quarterly GAAP combined ratio of 103.9 Return on equity of 3.3% Book value per share of $21.95

COLUMBUS, Ohio--(BUSINESS WIRE)-- State Auto Financial Corporation (NASDAQ: STFC) today reported first quarter 2016 net income of $3.0 million, or $0.07 per diluted share, versus net income of $24.7 million, or $0.60 per diluted share, for the first quarter of 2015. Net income from operations1 per diluted share for the first quarter 2016 was $0.05 versus net income from operations1 per diluted share of $0.54 for the same 2015... More