Hartford Financial reports Q3 core EPS $1.50, consensus $1.24
Reports Q3 revenue $5.35B, consensus $5.24B. Reports book value per diluted share was $43.13, up 23% from Dec. 31, 2018; book value per diluted share excluding accumulated other comprehensive income rose 8% to $42.55. The company's CEO said, "The Hartford had another outstanding quarter with strong property casualty margins, excellent group disability results and solid investment returns producing an impressive 12.0 percent net income return on equity. This is our first full quarter with Navigators and we continue to focus on integration and achieving key milestones as we operate as an integrated team. Overall, I am pleased with the execution across all of our businesses as we utilize our increased capabilities for competitive advantage in a firming market to generate shareholder value."