State Auto Financial (STFC) Misses Q1 EPS by 58c, Revenues Miss

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State Auto Financial Reports First Quarter 2020 Results

May 6, 2020 6:00 AM EDT

Quarterly loss of $2.62 per share Quarterly net loss from operations1 of $0.18 per share Quarterly GAAP combined ratio of 107.2 Return on equity of (8.7)% Book value per share of $19.83

COLUMBUS, Ohio--(BUSINESS WIRE)-- State Auto Financial Corporation (NASDAQ: STFC) today reported a first quarter 2020 net loss of $114.6 million, or $2.62 per diluted share, compared to net income of $49.4 million, or $1.12 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the first quarter of 2020 was $0.18 versus net income from... More