Hartford EPS Misses by 31 Cents, Revenue Falls Short of $7.35B Forecast
Hartford reported Q1 EPS of $3.08, below the $3.39 consensus, and revenue of $7.23B vs $7.35B expected. Business Insurance written premiums rose 6% while Personal Insurance combined ratio improved by 4.7 points; core earnings reached $866M.
1. Q1 Financial Results
Hartford reported EPS of $3.08 for the quarter, missing the $3.39 consensus by 31 cents, and recorded revenue of $7.23 billion against a $7.35 billion forecast. The company generated core earnings of $866 million, highlighting profitability despite top-line pressure.
2. Divisional Performance
The Business Insurance division drove a 6% increase in written premiums, reflecting strong commercial demand, while the Personal Insurance division improved its underlying combined ratio by 4.7 points, signaling enhanced underwriting efficiency.