CNA Financial: Q4 Earnings Snapshot

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CHICAGO (AP) — CHICAGO (AP) — CNA Financial Corp. (CNA) on Monday reported fourth-quarter net income of $367 million.

On a per-share basis, the Chicago-based company said it had net income of $1.35. Earnings, adjusted for investment gains, came to $1.33 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.

The insurance holding company posted revenue of $3.51 billion in the period. Its adjusted revenue was $3.1 billion.

For the year, the company reported profit of $1.21 billion, or $4.43 per share. Revenue was reported as $11.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNA at https://www.zacks.com/ap/CNA

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