State Auto Financial Corp. (STFC) reported first quarter 2013 net income of $19.7 million, or $0.49 per share, versus a net loss of $2.0 million, or $0.05 per share, for the first quarter of 2012.
Income before federal income taxes for the quarter was $20.0 million, compared to a loss of $2.0 million in the previous year.
Net income from operations per share for the first quarter 2013 was $0.38 versus net loss from operations of $0.16 for the same 2012 period. Analysts polled by Thomson Reuters expected the company to report earnings of $0.31 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter increased to $285.3 million from $280.3 million last year. Three analysts had consensus revenue estimate of $281.26 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.