CNA Financial Corporation (NYSE:CNA) is reporting third quarter financial results on Monday 2nd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, CNA is expected to report 3Q20 income of $ 0.60 per share from revenue of $ 2766.00 million.
For the full year, analysts anticipate top line of $ 10747.00 million, while looking forward to income of $ 2.29 per share bottom line.
Previous Quarter Performance
CNA Financial Corporation unfold income for the second quarter of $ 0.36 per share, from the revenue of $ 2,766.00 million. The quarterly earnings shrunk 66.67 percent while revenues developed 5.57 percent compared with the same quarter last year. The top line results outshined analysts by $ 2.00 million or 0.07 percent.
Stock Performance
On Friday, shares of CNA Financial Corporation has traded high as $ 29.87 and has cracked $ 29.15 on the downward trend, reaching $ 29.79 with volume of 342.90 thousand shares.
According to the previous trading day, closing price of $ 29.79, representing a 16.16 % increase from the 52 week low of $ 25.18 and a 42.98 % decrease over the 52 week high of $ 51.30.
The company has a market capital of $ 8.08 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Recent Stock Dividend Announcement
On August 3, 2020, the board of directors authorized quarterly dividend of $ 0.37 per share to holders of record as of the close of business on August 17, 2020, with payment date of September 3, 2020 and ex-dividend date on August 14, 2020.
Conference Call
CNA Financial Corporation will be hosting a conference call at 9:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cna.com
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. The company also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term policies.
