Hartford Financial (HIG) Tops Q3 EPS by 56c

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Go back to Hartford Financial (HIG) Tops Q3 EPS by 56c

The Hartford Announces Third Quarter 2020 Financial Results

October 29, 2020 4:15 PM EDT

Third quarter 2020 net income available to common stockholders of $453 million ($1.26 per diluted share) decreased 14% from third quarter 2019, and core earnings* of $527 million (core earnings per diluted share* of $1.46) declined 4% from third quarter 2019 Net income ROE for the trailing 12-month period ended Sept. 30, 2020, was 10.4% and core earnings ROE* for the same period was 12.3% Book value per diluted share was $48.47; book value per diluted share excluding accumulated other comprehensive income (AOCI) rose 5% to $46.09 since Dec. 31, 2019 Incurred losses from COVID-19 were $72 million, before tax, comprised of Property and Casualty (P&C) losses of $37 million and Group... More