CHICAGO (AP) — CHICAGO (AP) — CNA Financial Corp. (CNA) on Monday reported first-quarter earnings of $338 million.
The Chicago-based company said it had net income of $1.24 per share. Earnings, adjusted for investment costs, came to $1.30 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The insurance holding company posted revenue of $3.44 billion in the period. Its adjusted revenue was $3.06 billion.
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