State Auto Financial Reports Third Quarter 2019 Results

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State Auto Financial (STFC) Misses Q3 EPS by 13c, Revenues Miss

October 31, 2019 6:25 AM EDT

State Auto Financial (NASDAQ: STFC) reported Q3 EPS of $0.34, $0.13 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $334.5 million versus the consensus estimate of $340.8 million.

Quarterly earnings of $0.25 per shareQuarterly net income from operations1 of $0.34 per shareQuarterly GAAP combined ratio of 99.5Return on equity of 3.4%Book value per share of $21.68

STFCs Chairman, President and CEO Mike LaRocco commented on the quarter as... More