Cna Financial Corp (CNA) Releases Earnings Results, Beats Expectations By $0.02 EPS

Cna Financial Corp (CNA) reported quarterly earnings results on Monday, May-2-2016. The company said it had a profit of $0.64 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.62. Analysts expectations of $2044.00 million. During the same quarter in the previous year, the company posted $0.83 EPS.

Cna Financial Corp closed down -0.05 points or -0.16% at $31.95 with 1,04,931 shares getting traded on Wednesday. Post opening the session at $32.07, the shares hit an intraday low of $31.49 and an intraday high of $32.2 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on May 14, 2015, Jonathan D Kantor (EVP, Gen. Counsel & Sec.) sold 40,276 shares at $39.15 per share price. According to the SEC, on Feb 12, 2015, D Craig Mense (EVP & CFO) sold 25,000 shares at $42.09 per share price.

CNA Financial Corporation (CNAF) is an insurance holding company. Collectively CNAF and its subsidiaries are referred to as CNA or the Company. CNA’s core business commercial property and casualty insurance operations is reported in three business segments: Specialty Commercial and International. Its non-core businesses are managed in two business segments: Life & Group Non-Core and Corporate & Other Non-Core. The Company’s insurance products primarily include commercial property and casualty coverages including surety. Its services include risk management information services warranty and claims administration. The Company’s Life & Group Non-Core segment primarily includes the results of the Company’s individual and group long term care businesses that are in run-off. Long term care policies provide benefits for nursing home assisted living and home health care subject to various daily and lifetime caps.

Cna Financial Corp

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