earnings
confidence high
sentiment positive
materiality 0.80
AFG Q2 core EPS $2.85, up 19% YoY; guides FY22 core EPS $10.75-$11.75
AMERICAN FINANCIAL GROUP INC
2022-Q2 EPS reported
$5.36
revenue$3,127,000,000
- Core net operating earnings $2.85 per share ($243M), up from $2.39 in Q2 2021.
- Raises FY2022 core EPS guidance to $10.75-$11.75 (from $10.50-$11.50) citing higher underwriting profit.
- P&C underwriting profit record $197M; combined ratio 85.8% (improved 2.1 pts YoY).
- Paid $8.00 special dividend plus regular dividend in Q2; total dividends $8.56 per share.
- Excess capital $1.1B; parent cash/investments ~$750M at June 30.