Hartford Financial (HIG) Tops Q2 EPS by 7c
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The Hartford Announces Second Quarter 2020 Financial Results
July 30, 2020 4:15 PM EDTSecond quarter 2020 net income available to common stockholders of $463 million ($1.29 per diluted share) increased 24% from second quarter 2019, and core earnings* of $438 million (core earnings per diluted share* of $1.22) declined 10% from second quarter 2019 Net income ROE for the trailing 12-month period ended June 30, 2020, was 11.3% and core earnings ROE* for the same period was 12.7% In the second quarter, The Hartford incurred $248 million, before tax, in current accident year (CAY) catastrophes (CATs), including $110 million, before tax, related to the civil unrest Incurred losses from COVID-19 were $251 million, before tax, or $198 million, after tax Second... More
