American Financial (AFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors may keep a tab on stocks like RPM, LMT, OZK and AFG, which have lately hiked their dividend payments.
AFG gains from new business opportunities, increased exposures, a better renewal rate environment and effective capital deployment.
American Financial (AFG) reported earnings 30 days ago. What's next for the stock?
New business opportunities, increased exposures, a better renewal rate environment and effective capital deployment poise AFG for growth.
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American Financial's (AFG) dividend hike reflects its intention to enhance shareholder value, backed by its solid financial position and underlying performance.
American Financial's (AFG) Q2 results reflect higher premiums, lower catastrophe losses and improved underwriting profit, partially offset by lower net investment income.
American Financial Group's Q2 results beat estimates with improved underwriting margins driving gains, partially offset by lower alternative investment income. Premium growth lagged inflation due to reduced policies, but underwriting profits were solid across segments and crop growth should accelerate in Q3. Higher interest rates benefited AFG's investment income, and the apartment market may be bottoming, supporting future earnings growth.
Although the revenue and EPS for American Financial (AFG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
American Financial Group (AFG) came out with quarterly earnings of $2.56 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.38 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for American Financial (AFG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.