CHICAGO (AP) _ CNA Financial Corp. (CNA) on Monday reported first-quarter profit of $260 million.
The Chicago-based company said it had profit of 96 cents per share. Earnings, adjusted for investment gains, were 87 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The insurance holding company posted revenue of $2.33 billion in the period. Its adjusted revenue was $2.29 billion.
CNA Financial shares have climbed 9 percent since the beginning of the year. The stock has risen 43 percent in the last 12 months.
This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on CNA at http://ift.tt/2oPkjW7
Keywords: CNA Financial, Earnings Report
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