CNA Financial (CNA) Q3 Earnings and Revenues Top Estimates

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]