CNA Financial (CNA) Misses Q2 EPS by 15c
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CNA FINANCIAL ANNOUNCES SECOND QUARTER 2022 NET INCOME OF $0.75 PER SHARE AND CORE INCOME OF $0.90 PER SHARE
August 1, 2022 6:00 AM EDTNet income of $205 million, which includes $40 million of net investment losses, versus net income of $368 million, which includes $27 million of net investment gains in the prior year quarter. Core income of $245 million versus $341 million in the prior year quarter reflects lower investment income from LPs and common stock, partially offset by higher underwriting income and higher income from fixed income securities.P&C core income of $317 million versus $351 million in the prior year quarter reflects lower investment income from LPs and common stock, partially offset by pretax underwriting income of $185 million, up 64%, and... More
