HIG Stock

While the revenue and earnings per share (EPS) for The Hartford (HIG) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

HIG's results for the fourth quarter are likely to improve due to increasing premiums and greater investment income, but higher costs might balance out these advantages.

HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has named Tooker as the new president of the company. In this position, he will take on Personal Lines in addition to his existing responsibilities for Small Commercial, Middle & Large Commercial, Global Specialty, and Enterprise Sales & Distribution, bringing all property-and-casualty operations under his guidance. Furthermore, Tooker will oversee several important initiatives across the entire organization.

HIG is in a good position to grow thanks to the strong performance of its Commercial Lines and Group Benefits sectors. Its solid financial status allows for careful investment of capital.

This Industry Outlook article has featured American International, Prudential Financial, The Hartford Financial, Radian, and CNO Financial.

The Hartford Financial has had its buy rating confirmed since January. This well-established company has a varied business model that shows growth in areas like insurance, group benefits, and mutual funds. With a strong profit margin compared to its competitors and stable costs, it is expected to keep earning well and maintain consistent dividends.

The Hartford Financial Services Group, Inc. (NYSE:HIG) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 9:00 AM ET. Key company participants include Susan Spivak Bernstein, Chris Swift, and Beth Costello, among others. The call will also feature analysts from various financial institutions, and attendees are in listen-only mode.

HIG's results for the third quarter were positively impacted by a strong performance in their Personal Lines Hartford Funds business. However, this was somewhat balanced out by higher expenses.

The strong performance of the Robust Commercial Lines and Personal Lines unit, along with increased rates and solid investment income, likely helped HIG exceed earnings expectations.