CNA Monetary: 2Q Earnings Snapshot

CHICAGO (AP) _ CNA Monetary Corp. (CNA) on Monday reported second-quarter earnings of $278 million.


On a per-share foundation, the Chicago-based firm stated it had revenue of $1.02. Earnings, adjusted for funding prices, got here to $1.08 per share.


The outcomes beat Wall Road expectations. The common estimate of three analysts surveyed by Zacks Funding Analysis was for earnings of $1.01 per share.


The insurance coverage holding firm posted income of $2.61 billion within the interval. Its adjusted income was $2.34 billion.


CNA Monetary shares have risen almost 7% because the starting of the 12 months. The inventory has risen nearly 2% within the final 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on CNA at https://www.zacks.com/ap/CNA

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