CNA Financial (CNA) Misses Q2 EPS by 2c

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Go back to CNA Financial (CNA) Misses Q2 EPS by 2c

CNA FINANCIAL ANNOUNCES SECOND QUARTER 2023 NET INCOME OF $1.04 PER SHARE AND CORE INCOME OF $1.13 PER SHARE

July 31, 2023 6:00 AM EDT

Net income up 49% to $283 million versus $190 million in the prior year quarter; core income up 34% to $308 million versus $230 million in the prior year quarter.P&C core income of $374 million versus $317 million in the prior year quarter, reflects higher investment income and record high pretax underlying underwriting income, partially offset by higher catastrophe losses and lower favorable net prior year development.Corporate & Other core loss of $46 million versus $78 million in the prior year... More