State Auto Financial Reports Second Quarter 2019 Results

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State Auto Financial (STFC) Misses Q2 EPS by 46c, Revenues Beat

August 1, 2019 6:21 AM EDT

State Auto Financial (NASDAQ: STFC) reported Q2 EPS of ($0.33), $0.46 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $340.1 million versus the consensus estimate of $328.95 million.

Second quarter 2019 net loss of $6.2 million, or $0.14 per diluted share, compared to net income of $6.0 million, or $0.14 per diluted share, for the same 2018 period.Net loss from operations1 per diluted share for the second quarter of 2019 was $0.33 versus $0.08 for the same 2018 period.

STFCs Chairman,... More