State Auto Financial Corporation (NASDAQ:STFC) is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.19 per share.
For the full year, analysts predict revenues of $ 1386.30 million, while looking forward to income of $ 0.11 per share.
Previous Quarter Performance
State Auto Financial Corporation unveiled loss for the second quarter of $ 0.59 per share, from the revenue of $ 434.80 million. The quarterly revenues boosted 27.84 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.76 per share from $ 342.93 million in revenue. The bottom line results beat street analysts by $ 0.17 or 22.37 percent, at the same time, top line results outshined analysts by $ 91.87 million or 26.79 percent.
Stock Performance
Shares of State Auto Financial Corporation traded low $ -0.94 or -6.81 percent on Wednesday, reaching $ 12.87 with volume of 68.20 thousand shares. State Auto Financial Corporation has traded high as $ 13.49 and has cracked $ 12.75 on the downward trend
The closing price of $ 12.87, representing a 14.42 % increase from the 52 week low of $ 12.07 and a 58.21 % decrease over the 52 week high of $ 33.05.
The company has a market capital of $ 564.19 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Conference Call
State Auto Financial Corporation will be hosting a conference call at 11:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.stateauto.com
State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.
