CNA - CNA Financial Non-GAAP EPS of $1.06 beats by $0.12
2023-10-30 06:06:29 ET
- CNA Financial press release ( NYSE: CNA ): Q3 Non-GAAP EPS of $1.06 beats by $0.12 .
- Core income up 56% to $291 million versus $186 million in the prior year quarter, excluding the results of the Life & Group annual reserve reviews.
- P&C combined ratio of 94.3%, compared with 95.8% in the prior year quarter, including 4.1 points of catastrophe loss impact compared with 5.5 points in the prior year quarter.
- P&C underlying combined ratio was 90.4% compared with 91.1%, in the prior year quarter. P&C underlying loss ratio was 60.0% and the expense ratio was 30.1%.
- Book value per share of $31.61; book value per share excluding AOCI of $45.43, a 7% increase from year-end 2022 adjusting for $2.46 of dividends per share.
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CNA Financial Non-GAAP EPS of $1.06 beats by $0.12