CNA Financial: 2Q Earnings Snapshot
CHICAGO (AP) _ CNA Financial Corp. (CNA) on Monday reported second-quarter profit of $270 million.
The Chicago-based company said it had profit of 99 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The insurance holding company posted revenue of $2.57 billion in the period. Its adjusted revenue was $2.33 billion.
CNA Financial shares have declined slightly more than 8 percent since the beginning of the year. The stock has dropped 1.5 percent in the last 12 months.