Hartford Financial (HIG) Tops Q1 EPS by 15c, Revenues Beat

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The Hartford Announces First Quarter 2019 Income From Continuing Operations, Net of Tax, Available To Common Stockholders Rose to $625 Million, or $1.71 Per Diluted Share

May 1, 2019 4:14 PM EDT

Income from continuing operations, net of tax, available to common stockholders rose to $625 million ($1.71 per diluted share) from $428 million ($1.18 per diluted share) in first quarter 2018, in part due to net realized capital gains including unrealized gains on equity securities in first quarter 2019 Core earnings* of $507 million rose 10% from $461 million in first quarter 2018 and core earnings per diluted share* of $1.39 rose 9% from $1.27 due to higher Group Benefits core earnings and lower Corporate core losses, partially offset by lower Property and Casualty (P&C) and Hartford Funds core earnings... More