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The Hartford: 2Q Earnings Snapshot

August 1, 2019

HARTFORD, Conn. (AP) _ The Hartford Financial Services Group Inc. (HIG) on Thursday reported second-quarter earnings of $372 million.

On a per-share basis, the Hartford, Connecticut-based company said it had net income of $1.02. Earnings, adjusted for non-recurring costs, were $1.33 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The insurance and financial services company posted revenue of $5.09 billion in the period. Its adjusted revenue was $5.01 billion.

The Hartford shares have increased 28% since the beginning of the year, while the Standard & Poor’s 500 index has increased 18%. In the final minutes of trading on Thursday, shares hit $56.87, a climb of 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIG at https://www.zacks.com/ap/HIG

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