American Financial: Fourth Quarter Earnings Overview

American Financial Group Announces Strong Fourth-Quarter Results

American Financial Group Inc., headquartered in Cincinnati, revealed on Tuesday that it achieved a net income of $299 million for the fourth quarter.

The company reported earnings of $3.58 per share, with adjusted earnings—excluding one-time expenses—reaching $3.65 per share.

These figures surpassed analysts’ expectations, as the consensus from three Zacks Investment Research analysts had predicted earnings of $3.18 per share.

During the quarter, the property and casualty insurance provider generated $2.06 billion in revenue, with adjusted revenue totaling $2.02 billion.

For the full year, American Financial Group recorded a profit of $842 million, or $10.08 per share, and reported total revenue of $7.91 billion.

Since the start of the year, the company’s stock has declined by about 5%. By the close of trading on Tuesday, shares were priced at $130.25, reflecting a nearly 5% decrease over the past year.