HARTFORD, Conn. (AP) _ The Hartford Financial Services Group Inc. (HIG) on Monday reported fourth-quarter earnings of $548 million.
The Hartford, Connecticut-based company said it had net income of $1.49 per share. Earnings, adjusted for non-recurring gains, came to $1.43 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
The insurance and financial services company posted revenue of $5.36 billion in the period. Its adjusted revenue was $5.3 billion.
For the year, the company reported profit of $2.09 billion, or $5.66 per share. Revenue was reported as $20.35 billion.
The Hartford shares have fallen 1% since the beginning of the year, while the Standard & Poor's 500 index has climbed roughly 1%. In the final minutes of trading on Monday, shares hit $60.14, a climb of 28% in the last 12 months.