CNA Financial (CNA) Q4 Earnings and Revenues Surpass Estimates

Core Insights - CNA Financial reported quarterly earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of$ 1.11 per share, but down from $1.33 per share a year ago, representing an earnings surprise of 12.61% [1] - The company posted revenues of$ 3.33 billion for the quarter, surpassing the Zacks Consensus Estimate by 4.58% and up from $3.1 billion year-over-year [2] - The stock has added approximately 1.3% since the beginning of the year, underperforming the S&P 500's gain of 2.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.52 on revenues of $3.07 billion, and for the current fiscal year, it is$ 4.79 on revenues of $13.22 billion [7] - The estimate revisions trend for CNA Financial is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Insurance - Property and Casualty industry is currently ranked in the bottom 46% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Skyward Specialty Insurance, another company in the same industry, is expected to report quarterly earnings of$ 0.75 per share, reflecting a year-over-year increase of 23% [9]