American Financial Group Profit Climbs In Q3, But Misses Estimates

American Financial Group (AFG) announced earnings for its third quarter that increased from last year but missed the Street estimates.

The company's bottom line totaled $181 million, or $2.16 per share. This compares with $177 million, or $2.09 per share, in last year's third quarter.

Analysts on average had expected the company to earn $2.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.5% to $2.369 billion from $2.164 billion last year.

American Financial Group earnings at a glance (GAAP) :

-Earnings (Q3): $181 Mln. vs. $177 Mln. last year.
-EPS (Q3): $2.16 vs. $2.09 last year.
-Revenue (Q3): $2.369 Bln vs. $2.164 Bln last year.

by RTTNews Staff Writer

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