Core Insights - CNA Financial Corporation reported third-quarter 2024 core earnings of $1.08 per share, exceeding the Zacks Consensus Estimate by 2.9% and reflecting a year-over-year increase of 1.9% [1] - Total operating revenues reached $3.2 billion, an 8.8% increase year over year, driven by higher premiums and net investment income, surpassing the Zacks Consensus Estimate by 2.3% [2] - Net investment income rose 13.2% year over year to $626 million, attributed to higher income from fixed-income securities and limited partnerships [3] Financial Performance - Net written premiums for Property & Casualty Operations increased 8% year over year to $2.4 billion, supported by an 85% retention rate and a 5% renewal premium change [2] - Total claims, benefits, and expenses increased 8% to $3.3 billion, primarily due to higher insurance claims and policyholders' benefits [4] - Catastrophe losses amounted to $143 million, compared to $94 million in the same quarter last year, while underwriting income declined 48% year over year to $68 million [4] Segment Results - Specialty's net written premiums increased 4% year over year to $862 million, with a combined ratio deteriorating by 290 basis points to 93 [5] - Commercial's net written premiums rose 14% year over year to $1.2 billion, with a combined ratio deteriorating by 130 basis points to 100.2 [6] - Life & Group's net earned premiums were $110 million, down 1.8% year over year, while the core loss narrowed to $9 million from a loss of $29 million in the previous year [7] Financial Metrics - The core return on equity remained flat year over year at 9.4%, with book value per share at $46.50, a 0.2% increase from the end of 2023 [8] - Net cash flow from operating activities decreased by 9.7% to $748 million in the quarter [9] Dividend Announcement - CNA Financial's board approved a quarterly dividend of 44 cents per share, scheduled for payment on December 5 to shareholders as of November 18 [10]

Core Viewpoint - CNA Financial reported quarterly earnings of $1.08 per share, exceeding the Zacks Consensus Estimate of $1.05 per share, and showing a slight increase from $1.06 per share a year ago, indicating a 2.86% earnings surprise [1] Financial Performance - The company posted revenues of $3.23 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.29%, and reflecting a year-over-year increase from $2.97 billion [2] - Over the last four quarters, CNA Financial has exceeded consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance - CNA Financial shares have increased approximately 12.3% since the beginning of the year, while the S&P 500 has gained 20.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.23 on revenues of $3.19 billion, and for the current fiscal year, it is $4.55 on revenues of $12.52 billion [7] Industry Outlook - The Insurance - Property and Casualty industry is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 1-5823 | --- | --- | |-------------------------------------------------------------------------------------|------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 21, 2024 CNA FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------------------|-----------------------------------------------------------------------------------------------------------|-----------------------| | Delaw ...

Net income up 10% to $283 million versus $258 million in the prior year quarter; core income of $293 million versus $289 million in the prior year quarter. Year to date core income up 6% to a record $974 million. P&C core income of $346 million versus $351 million, reflects the largely offsetting impacts of higher catastrophe losses and higher investment income. Life & Group core loss of $9 million versus $29 million in the prior year quarter, reflects higher investment income. Net investment income up 13% ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CNA Financial, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Company Summary - CNA Financial is expected to report quarterly earnings of $1.11 per share, reflecting a year-over-year increase of 4.7% [3]. - Projected revenues for the quarter are $3.15 billion, which is a 6.3% increase from the previous year [3]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. Earnings Surprise Prediction - The Most Accurate Estimate for CNA Financial is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.41%, suggesting a bearish outlook from analysts [10]. - The stock currently holds a Zacks Rank of 3 (Hold), complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, CNA Financial was expected to post earnings of $1.21 per share but delivered $1.19, resulting in a surprise of -1.65% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [13]. Industry Context - In the Zacks Insurance - Property and Casualty industry, Arch Capital Group is expected to report earnings of $1.98 per share, indicating a year-over-year decline of 14.3% [17]. - Arch Capital's revenue is projected at $4.04 billion, a 14.9% increase from the previous year [17]. - Despite a 1% downward revision in the consensus EPS estimate for Arch Capital, a higher Most Accurate Estimate results in an Earnings ESP of 7.91%, suggesting a likely earnings beat [18].

CHICAGO, Oct. 21, 2024 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced that it expects to report pretax net catastrophe losses in the third quarter 2024 of $143 million. Approximately 75% of the catastrophe losses are associated with four larger events, including $55 million from Hurricane Helene. The remaining approximately $35 million of losses is spread across a number of additional events occurring during the quarter. Catastrophe losses are comprised of $127 million in the Commerci ...

CHICAGO, Oct. 15, 2024 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report third quarter 2024 results before the market opens on Monday, November 4, 2024. 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 Chairman & Chief Executive Officer, Dino Robusto, and Chief Financia ...

LIVONIA, Mich., Sept. 23, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today by MedCerts, a typing error was left in the headline. It should say "MedCerts Launches Certified Nursing Assistant (CNA) eLearning Program Benefiting Medical Providers, Patients and Aspiring Healthcare Professionals," not Cing Assistant as previously published. The updated release follows: Offering a vital solution for healthcare providers requiring more trained personnel and patients in need of qualified care, MedCerts tod ...

A month has gone by since the last earnings report for CNA Financial (CNA) . Shares have added about 3.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is CNA Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. CNA Financial Q2 Earnings Miss, Revenues Rise ...