HARTFORD, Conn. (AP) _ The Hartford Financial Services Group Inc. (HIG) on Thursday reported second-quarter profit of $442 million.
The Hartford, Connecticut-based company said it had net income of $1.32 per share. Earnings, adjusted for one-time gains and costs, were $2.15 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The insurance and financial services company posted revenue of $5.37 billion in the period. Its adjusted revenue was $3.77 billion.
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