CHICAGO (AP) — CHICAGO (AP) — CNA Financial Corp. (CNA) on Monday reported fourth-quarter net income of $367 million.
On a per-share basis, the Chicago-based company said it had net income of $1.35. Earnings, adjusted for investment gains, came to $1.33 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The insurance holding company posted revenue of $3.51 billion in the period. Its adjusted revenue was $3.1 billion.
For the year, the company reported profit of $1.21 billion, or $4.43 per share. Revenue was reported as $11.77 billion.
LOEWS CORPORATION REPORTS NET INCOME OF $446 MILLION FOR THE FOURTH QUARTER OF 2023 AND $1.4 BILLION FOR THE FULL YEAR
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