Preview Of The Hartford Financial Services Group, Inc. ($HIG) 3Q20 Earnings

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The Hartford Financial Services Group, Inc. (NYSE:HIG) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.90 per share.

For the full year, analysts predict revenues of $ 20100.30 million, while looking forward to income of $ 4.68 per share.

Previous Quarter Performance

The Hartford Financial Services Group, Inc. outlined income for the second quarter of $ 1.22 per share, from the revenue of $ 5,068.00 million. The quarterly earnings reduced 8.27 percent while revenues declined 0.47 percent compared with the same quarter last year. The top line results outshined analysts by $ 48.00 million or 0.96 percent.

Stock Performance

Shares of The Hartford Financial Services Group, Inc. traded low $ -0.21 or -0.56 percent on Wednesday, reaching $ 37.35 with volume of 2.97 million shares. The Hartford Financial Services Group, Inc. has traded high as $ 37.79 and has cracked $ 36.62 on the downward trend

According to the previous trading day, closing price of $ 37.35, representing a 97.27 % increase from the 52 week low of $ 19.04 and a 40.14 % decrease over the 52 week high of $ 62.75.

The company has a market capital of $ 13.38 billion and is part of the Financial Services sector and Insurance – Diversified industry.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. Its Commercial Lines segment offers workers compensation, property, automobile, marine, livestock, liability, and umbrella coverages; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages. This segment provides its products and services through regional offices, branches, sales and policyholder service centers, independent agents, brokers, and wholesalers.