American Financial: Q1 Earnings Snapshot

May 4, 2022 GMT

CINCINNATI (AP) _ American Financial Group Inc. (AFG) on Wednesday reported first-quarter earnings of $290 million.

On a per-share basis, the Cincinnati-based company said it had net income of $3.40. Earnings, adjusted for non-recurring costs, were $3.56 per share.

The property and casualty insurer posted revenue of $1.59 billion in the period. Its adjusted revenue was $1.61 billion.

American Financial expects full-year earnings in the range of $10.50 to $11.50 per share.

American Financial shares have increased 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $145.78, a rise of 17% in the last 12 months.


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