American Finl Gr Q3 Adj EPS $2.45 Misses $2.47 Estimate, Sales $1.85B Beat $1.65B Estimate
Portfolio Pulse from Benzinga Newsdesk
American Financial Group (NYSE:AFG) reported Q3 adjusted earnings of $2.45 per share, missing the analyst consensus estimate of $2.47 by 0.81%. However, the company's quarterly sales of $1.85 billion beat the analyst consensus estimate of $1.65 billion by 12.42%. This represents a 9.37% increase in earnings and a 4.98% increase in sales compared to the same period last year.
November 01, 2023 | 9:05 pm
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NEUTRAL IMPACT
American Financial Group's Q3 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
American Financial Group's Q3 earnings missed the analyst consensus estimate, which could negatively impact the stock price. However, the company's sales beat estimates, which could have a positive effect. These mixed results make the short-term price direction uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100