Market Overview

Recap: CNA Financial Q3 Earnings

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Shares of CNA Financial (NYSE:CNA) remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 15.48% over the past year to $0.71, which beat the estimate of $0.60.

Revenue of $2,820,000,000 higher by 5.03% from the same period last year, which beat the estimate of $2,770,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

CNA Financial hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 09:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/cna/mediaframe/41618/indexr.html

Technicals

Company's 52-week high was at $51.30

52-week low: $25.18

Price action over last quarter: down 7.74%

Company Profile

CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company is operating under five segments; Specialty, Commercial and International being its core business and two segments for its non-core businesses which are Life & Group and Corporate & Other. CNAF through its segments provides professional, financial and specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, UK, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.

 

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Posted-In: Earnings News