American Financial Group (AFG) revealed earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $242 million, or $2.89 per share. This compares with $212 million, or $2.49 per share, in last year's first quarter.
Excluding items, American Financial Group reported adjusted earnings of $231 million or $2.76 per share for the period.
Analysts on average had expected the company to earn $2.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
American Financial Group earnings at a glance (GAAP) :
-Earnings (Q1): $242 Mln. vs. $212 Mln. last year.
-EPS (Q1): $2.89 vs. $2.49 last year.
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