Hartford Financial (HIG) Misses Q1 EPS by 1c
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The Hartford Announces First Quarter 2020 Financial Results and Impact of COVID-19
April 29, 2020 4:15 PM EDTFirst quarter 2020 net income available to common stockholders of $268 million ($0.74 per diluted share) decreased 57% from first quarter 2019, and core earnings* of $485 million (core earnings per diluted share* of $1.34) declined 4% from first quarter 2019 Net income ROE for the trailing 12-month period ended March 31, 2020, was 11.8% and core earnings ROE* for the same period was 13.3% Book value per diluted share was $41.42, down 6% from December 31, 2019; book value per diluted share excluding accumulated other comprehensive income (AOCI)* rose 1% to $44.07 In the first quarter, The Hartford returned $258 million to shareholders, consisting of $108 million in common stockholder dividends paid and... More
