Investing.com - Hartford reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hartford announced earnings per share of $2.15 on revenue of $5.37B. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $5.56B.
Hartford shares are down 8.86% from the beginning of the year, still down 19.60% from its 52 week high of $78.17 set on October 29, 2021. They are outperforming the S&P 500 which is down 14.56% from the start of the year.
Hartford shares gained 5.01% in after-hours trade following the report.
Hartford follows other major Financial sector earnings this month
Hartford's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
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