earnings
confidence high
sentiment neutral
materiality 0.80
Hartford Q3 2022 core EPS $1.44 beats $1.26 YoY; dividend up 10%
HARTFORD INSURANCE GROUP, INC.
2022-Q3 EPS reported
$3.65
revenue$16,346,000,000
- Net income $333M ($1.02 diluted EPS) vs $476M ($1.36) in Q3 2021; core earnings $471M ($1.44) vs $442M ($1.26).
- P&C written premiums +9% driven by Commercial Lines +10%; CAY catastrophe losses $293M including $214M from Hurricane Ian.
- Returned $476M to shareholders via $350M buybacks and $126M dividends.
- Increased quarterly common dividend by 10% to $0.425, payable Jan 4, 2023 to holders of record Dec 1, 2022.