CNA Financial Corporation (CNA) reported first-quarter 2025 core earnings of $1.03 per share, which missed the Zacks Consensus Estimate by 11.2%. The bottom line decreased 20.7% year over year.The insurer’s results reflected poor underwriting income, escalating expenses, as well as wider catastrophe losses, offset by improved premiums. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Behind Q1 HeadlinesTotal operating revenues of CNA Financial were $3.2 billion, up 5.9% year over yea ...

CNA Financial (CNA) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.21%. A quarter ago, it was expected that this insurance holding company would post earnings of $1.11 per share when it actually produced earnings of $1.25, delivering a surprise of 12.61%.Over the last four quarte ...

Financial Performance - Net income for the three months ended March 31, 2025, was $274 million, a decrease of 19% compared to $338 million in the same period of 2024[10] - Total comprehensive income increased to $480 million in Q1 2025, up from $438 million in Q1 2024, reflecting a rise of 9.6%[10] - Basic earnings per share decreased to $1.01 in 2025 from $1.24 in 2024, reflecting a decline of 18.5%[24] - Core income for Q1 2025 was $281 million, compared to $355 million in Q1 2024, reflecting a decrease of 20.8%[119] - Total operating revenues for Q1 2025 reached $3,636 million, an increase from $3,466 million in Q1 2024, representing a growth of 4.9%[119] Assets and Liabilities - Total assets as of March 31, 2025, were $67,326 million, compared to $66,492 million as of December 31, 2024, indicating a growth of 1.25%[11] - Total liabilities increased to $57,047 million as of March 31, 2025, from $55,979 million at the end of 2024, representing a rise of 1.91%[11] - The total stockholders' equity decreased to $10,279 million as of March 31, 2025, from $10,513 million at the end of 2024, a decline of 2.2%[11] Cash Flow and Dividends - Cash flows provided by operating activities for Q1 2025 were $638 million, an increase of 26.5% from $504 million in Q1 2024[13] - The company paid dividends of $673 million to common stockholders in Q1 2025, slightly up from $667 million in Q1 2024[13] Investment Performance - The company experienced net unrealized gains on investments of $280 million in Q1 2025, compared to net unrealized losses of $215 million in Q1 2024[10] - Net investment income for the three months ended March 31, 2025, was $604 million, slightly down from $609 million in 2024[28] - The company reported net investment losses of $9 million for the three months ended March 31, 2025, compared to losses of $22 million in 2024[29] - The estimated fair value of total fixed maturity securities available-for-sale as of March 31, 2025, was $41,971 million, compared to $41,111 million as of December 31, 2024[33] Claims and Reserves - Catastrophe losses, net of reinsurance, amounted to $97 million for the three months ended March 31, 2025, driven by severe weather events, including $53 million related to California wildfires[71] - The net reserves for claims and claim adjustment expenses at the end of March 2025 were $19,764 million, an increase from $18,347 million at the end of March 2024[73] - The company incurred net claim and claim adjustment expenses of $1,740 million for the three months ended March 31, 2025, compared to $1,506 million for the same period in 2024[73] Stock Repurchase and Equity - The company repurchased 700,000 shares of common stock at an aggregate cost of $34 million during the three months ended March 31, 2025, with no repurchases in the same period of 2024[25] - The total equity securities as of March 31, 2025, were valued at $695 million, an increase from $659 million as of December 31, 2024[55] Future Commitments and Projections - The company has commitments to purchase or fund approximately $1,575 million and sell approximately $95 million as of March 31, 2025[45] - The company expects to recognize approximately $1.1 billion of deferred revenue in the remainder of 2025, $1.0 billion in 2026, $0.9 billion in 2027, and $1.5 billion thereafter[128]

CNA Financial Corporation First Quarter 2025 Results Notices and Disclaimers Forward Looking Statements The statements made in the course of this presentation and/or contained in the presentation materials may include statements that relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such ...

Financial Performance - Net income for Q1 2025 was $274 million, or $1.00 per share, down from $338 million, or $1.24 per share, in the prior year quarter [3]. - Core income for Q1 2025 was $281 million, or $1.03 per share, compared to $355 million, or $1.30 per share, in the prior year quarter [3]. - Core income for Q1 2025 was $6 million, consistent with the prior year quarter, reflecting favorable persistency [23]. - Net investment income for Q1 2025 was $604 million, a decrease of $5 million from the prior year quarter [25]. - Return on equity for Q1 2025 was 10.5%, down from 13.8% in the prior year [48]. Property & Casualty (P&C) Performance - Property & Casualty (P&C) core income decreased to $311 million from $372 million, attributed to lower underwriting results [4]. - P&C gross written premiums grew by 7% to $3.142 billion, while net written premiums increased by 9% to $2.606 billion [12]. - New business in P&C grew by 7% to $565 million in the quarter [9]. - The P&C combined ratio was 98.4%, an increase from 94.6% in the prior year quarter, with catastrophe losses of $97 million [14]. - The underlying combined ratio for P&C increased to 92.1%, up from 91.0% in the prior year quarter [14]. - Catastrophe losses included $53 million for California wildfires, compared to $88 million in the prior year quarter [14]. - The combined ratio increased by 2.1 points compared to the prior year quarter, with catastrophe losses of $11 million contributing 3.6 points to the loss ratio [22]. - Gross written premiums grew by 4% and net written premiums increased by 7% for Q1 2025, excluding currency fluctuations [22]. - The underlying underwriting gain for Q1 2025 was $200 million, compared to $209 million in the prior year [44]. Shareholder Information - Book value per share was $37.98, a decrease from $38.82 at year-end 2024 [7]. - Book value per share excluding AOCI increased by 2% to $44.58 from year-end 2024 [46]. - Stockholders' equity decreased by 2% to $10.3 billion from year-end 2024, primarily due to dividends paid [26]. - The company declared a quarterly cash dividend of $0.46 per share, payable on June 5, 2025 [6]. Forward-Looking Statements - Forward-looking statements indicate that actual results may differ materially from projections due to inherent risks and uncertainties [50]. - CNA does not have an obligation to update or revise any forward-looking statements even if expectations change [51]. - Descriptions of coverage under CNA policies are for convenience only and should not be relied upon for coverage questions [52].

Net income of $274 million versus $338 million in the prior year quarter; core income of $281 million versus $355 million in the prior year quarter. P&C core income of $311 million versus $372 million, reflects lower underwriting results partially offset by higher net investment income. Life & Group results largely consistent with the prior year quarter. Corporate & Other core loss of $36 million versus $22 million in the prior year quarter. The current year quarter includes a $17 million after-tax charge ...

CNA Financial (CNA) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 5. On t ...

CHICAGO, April 15, 2025 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report first quarter 2025 results before the market opens on Monday, May 5, 2025. The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com via the Investor Relations section. Along with these documents CNA will post a transcript of earnings remarks, which will include commentary from the Company's President and Chief Executive Officer, Douglas M. Worman, and Chief Fina ...

CNA Financial Corporation (CNA) is well-poised for growth, driven by business growth across Specialty, Commercial and International segments, improving rate environment, financial flexibility and effective capital deployment. CNA Financial's trailing 12-month ROE of 3.66% is better than the industry average of 0.2%. Core ROE expanded 10 bps to 10.5% in 2024. Concerns for CNA Earnings History The insurer has a solid track record of beating earnings estimates in two of the last four quarters while missing in ...

The CrickAnt is an actuary for an insurance company utilizing his work experience to do analysis on insurance and reinsurance companies. He is a contributing author to the investing group Cash Flow Club where along with Darren McCammon and Jonathan Weber, they focus on company cash flows and their access to capital. Core features of the Cash Flow Club include: access to the leader’s personal income portfolio targeting 6%+ yield, community chat, the “Best Opportunities” List, performance transparency and cov ...