American Financial Group (AFG) Misses Q1 EPS by 45c, Revenue Beats, Offers Guidance
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American Financial Group, Inc. Announces First Quarter Results, Redemption of Debt and Declares Special Dividend
May 4, 2022 5:00 PM EDTNet earnings per share of $3.40; includes ($0.16) per share from after-tax non-core items First quarter core net operating earnings per share of $3.56, a 50% increase from the prior year period First quarter annualized ROE of 23.5%; core operating ROE of 24.6% Parent company cash and investments of approximately $1.7 billion; excess capital of $2.0 billion at March 31, 2022 Full year 2022 core net operating earnings guidance increased to $10.50 - $11.50 per share, from previous guidance of $9.75 - $10.75 per share Announces June 2022 redemption of $375 million principal amount of 3.50% Senior Notes due... More
