CNA Financial Q1 2024 Adj EPS $1.30 Misses $1.40 Estimate
Portfolio Pulse from Benzinga Newsdesk
CNA Financial reported its Q1 2024 adjusted earnings per share (EPS) of $1.30, missing the analyst consensus estimate of $1.40 by 7.14%. This represents a 9.24% increase over the same period last year's earnings of $1.19 per share.
May 06, 2024 | 10:03 am
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NEUTRAL IMPACT
CNA Financial's Q1 2024 earnings missed analyst estimates but showed year-over-year growth.
Missing the analyst estimates might put short-term pressure on CNA Financial's stock price. However, the year-over-year growth in earnings could mitigate some negative sentiment by demonstrating the company's ability to grow its earnings over time.
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