CNA - CNA Financial Non-GAAP EPS of $1.13 beats by $0.01
2023-07-31 06:03:09 ET
- CNA Financial press release ( NYSE: CNA ): Q2 Non-GAAP EPS of $1.13 beats by $0.01 .
- 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.
- P&C combined ratio of 93.8%, compared with 91.0% in the prior year quarter, including 3.1 points of catastrophe loss impact compared with 1.8 points in the prior year quarter.
- Book value per share of $32.22; book value per share excluding AOCI of $44.86, a 5% increase from year- end 2022 adjusting for $2.04 of dividends per share.
- Board of Directors declares regular quarterly cash dividend of $0.42 per share.
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CNA Financial Non-GAAP EPS of $1.13 beats by $0.01