Insurance and financial services company The Hartford (NYSE: HIG) will be announcing earnings results this Monday after market hours. Here’s what you need to know.
Hartford missed analysts’ revenue expectations by 2.3% last quarter, reporting revenues of $6.81 billion, up 6.1% year on year. It was a slower quarter for the company, with a significant miss of analysts’ book value per share estimates and EPS in line with analysts’ estimates.
Is Hartford a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Hartford’s revenue to grow 8.7% year on year to $7.05 billion, improving from the 7.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.83 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hartford has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Hartford’s peers in the insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Stewart Information Services delivered year-on-year revenue growth of 20.1%, beating analysts’ expectations by 9.2%, and RenaissanceRe reported revenues up 13.4%, topping estimates by 8.7%. Stewart Information Services traded up 10.3% following the results while RenaissanceRe’s stock price was unchanged.
Read our full analysis of Stewart Information Services’s results here and RenaissanceRe’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. Hartford is down 1.1% during the same time and is heading into earnings with an average analyst price target of $136.19 (compared to the current share price of $123.35).
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