What Analysts Predict For American Financial Group, Inc. ($AFG) 2Q20?

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American Financial Group, Inc. (NYSE:AFG) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, AFG to report 2Q20 income of $ 1.44 per share.

For the full year, analysts anticipate top line of $ 4888.50 million, while looking forward to income of $ 7.04 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 6.45 ~ $ 7.25 per share

Click Here For More Historical Outlooks Of American Financial Group, Inc.

Previous Quarter Performance

American Financial Group, Inc. came out with income for the first quarter of $ 1.88 per share, from the revenue of $ 1,209.00 million. The quarterly earnings lowered 6.93 percent while revenues grew 3.07 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.85 per share from $ 1277.33 million in revenue. The bottom line results beat street analysts by $ 0.03 or 1.62 percent, at the same time, top line results fell short of analysts by $ 68.33 million or 5.35 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of American Financial Group, Inc.

Stock Performance

According to the previous trading day, closing price of AFG was $ 61.89, representing a 40.63 % increase from the 52 week low of $ 44.01 and a 46.2 % decrease over the 52 week high of $ 115.03.

The company has a market capital of $ 5.56 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.

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American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. The company operates through three segments: Property and Casualty Insurance, Annuity, and Other. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers compensation insurance; and specialty financial insurance products comprising risk management insurance programs for leasing and financing institutions, surety and fidelity products, and trade credit insurance.