American Financial Group (AFG) released earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $154 million, or $1.84 per share. This compares with $242 million, or $2.89 per share, last year.
Excluding items, American Financial Group reported adjusted earnings of $152 million or $1.81 per share for the period.
Analysts on average had expected the company to earn $2.07 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.6% to $1.856 billion from $1.906 billion last year.
American Financial Group earnings at a glance (GAAP) :
-Earnings: $154 Mln. vs. $242 Mln. last year.-EPS: $1.84 vs. $2.89 last year.-Revenue: $1.856 Bln vs. $1.906 Bln last year.
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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.