Hartford Financial Reports Quarterly Profit (HIG)

Hartford Financial Services Group (NYSE: HIG) just reported Q4 net income of $557 million, or $1.19 per share, compared with a net loss of $806 million, or $2.71 per share, in the year ago period.

Core earnings, excluding extra items, were $689 million, or $1.51 per share. Wall Street analysts' consensus EPS estimates were $1.40. Revenue came in at $2.4 billion, which was in line with expectations.

The company said it expects core earnings in the range of $3.70 - $4.00 per share. Wall Street is currently looking for full year EPS of $3.96. The stock is selling off in the after hours, falling 1.53% to $23.10.