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04.02.2016 22:33:59

Hartford Financial Services Group Inc. Q4 Earnings Climb 4%

(RTTNews) - Hartford Financial Services Group Inc. (HIG) released a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $445 million, or $1.07 per share. This was higher than $426 million, or $0.96 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.4% to $4.51 billion. This was down from $4.62 billion last year.

Hartford Financial Services Group Inc. earnings at a glance:

-Earnings (Q4): $445 Mln. vs. $426 Mln. last year. -Earnings Growth (Y-o-Y): 4.5% -EPS (Q4): $1.07 vs. $0.96 last year. -EPS Growth (Y-o-Y): 11.5% -Analysts Estimate: $0.98 -Revenue (Q4): $4.51 Bln vs. $4.62 Bln last year. -Revenue Change (Y-o-Y): -2.4%

-Guidance: Full year revenue guidance: $1.58 - $1.68 Bln

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