UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to ____ Commission File No. 1-13653 AMERICAN FINANCIAL GROUP, INC. Incorporated under the Laws of Ohio IRS Employer I.D. No. 31-1544320 301 East Fourth Street, ...

Shares of American Financial Group (NYSE: AFG ) have been a moderate performer over the past year, gaining about 19%, though concerns about catastrophe losses amid a late hurricane season had caused shares to pullback in recent weeks. On Wednesday, sharesOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ...

财务数据和关键指标变化 - 公司在2024年第三季度报告的核心净运营收益为每股2.31美元，较去年同期受到飓风海伦的灾难性损失和较低的前期储备开发影响，但投资收入的增加部分抵消了这些影响 [4][6] - 第三季度的年化核心运营股本回报率为16% [3] - 2024年第三季度的财务状况显示，公司的每股账面价值增长为4%，而截至2024年9月30日的九个月账面价值增长为13.9% [6] 各条业务线数据和关键指标变化 - 专业财产和意外保险业务的综合比率为94.3%，较2023年第三季度上升2.1个百分点，主要由于飓风海伦造成的灾难性损失 [7] - 第三季度的总保费和净保费分别同比增长19%和14%，其中农业业务的增长主要得益于Crop Risk Services的收购 [8] - 专业财产和运输组的综合比率为96.5%，较去年同期上升1.7个百分点，尽管农业业务的承保利润有所增加，但飓风海伦的损失抵消了这一增长 [9] 各个市场数据和关键指标变化 - 在商业汽车责任险方面，第三季度的平均续保价格上涨了12%，年初至今的涨幅为16% [21] - 社会通胀暴露业务的续保价格在第三季度也实现了10%以上的强劲增长 [21] - 在金融服务组，第三季度的总保费和净保费分别增长7%和9%，主要得益于金融机构业务的增长 [12] 公司战略和发展方向和行业竞争 - 公司计划继续在2024年及以后产生显著的超额资本，以支持收购、特别股息或股票回购 [6] - 公司在社会通胀暴露的业务中保持乐观，认为定价环境持续有利 [21] - 公司在多元化投资组合中保持灵活，预计未来将从高利率环境中受益 [28] 管理层对经营环境和未来前景的评论 - 管理层对未来的展望保持乐观，认为尽管面临更多的灾难性事件，但仍能实现年初设定的每股收益和综合比率目标 [30] - 对于多家庭房地产市场，管理层预计在未来12个月内将恢复强劲的定价能力 [19] 其他重要信息 - 公司在2024年第三季度向股东支付了5900万美元的常规季度股息，并宣布每股4美元的特别股息 [6] - 自2021年以来，公司已累计宣布每股50美元的特别股息，总额达42亿美元 [6] 问答环节所有提问和回答 问题: 关于损失比率的高层次问题 - 管理层表示，针对社会通胀暴露业务，正在逐个业务单元评估储备情况，并根据新信息迅速做出反应 [15] 问题: 关于替代投资组合的回报预期 - 管理层对多家庭投资的前景持乐观态度，预计在未来12个月内将恢复强劲的定价能力 [19] 问题: 关于社会通胀暴露业务的竞争环境 - 管理层确认，商业汽车责任险的续保价格在第三季度上涨了12%，并表示社会通胀暴露业务的定价环境持续有利 [21] 问题: 关于社会通胀线的逆向发展 - 管理层指出，尽管在某些社会通胀暴露业务中存在逆向发展，但整体结果仍然良好，特别是在工人赔偿业务中 [22] 问题: 关于非沿海地区的风险评估 - 管理层表示，每次灾难事件后都会进行评估，并根据经验教训调整定价和风险管理策略 [26]

American Financial Group, Inc. (AFG) reported third-quarter 2024 net operating earnings per share of $2.31, which missed the Zacks Consensus Estimate by 7.9%. The bottom line decreased 5.7% year over year. The decrease was due to higher year-over-year catastrophe losses related primarily to Hurricane Helene and lower favorable prior-year reserve development in the Specialty Property and Casualty (P&C) insurance operations, partially offset by higher investment income.Stay up-to-date with all quarterly relea ...

Press Release For Immediate Release American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend • Net earnings per share of $2.16; includes ($0.15) per share in after-tax non-core items • Core net operating earnings $2.31 per share • Third quarter annualized ROE of 15.2%; core operating ROE of 16.2% • Overall average renewal rate increases excluding workers' compensation of 8% • Board of Directors declares $4.00 per share special dividend, payable November 26, 2024 CINCINNAT ...

公司营收与每股收益情况 - 2024年9月季度公司营收22.8亿美元同比增长10.4% 营收较Zacks共识预期的20.6亿美元高出10.69% 每股收益为2.31美元 较去年同期的2.45美元有所下降 较共识预期每股收益2.51美元低7.97% [1] 关键指标对公司财务健康的重要性 - 投资者通过营收和收益同比变化以及与华尔街预期对比决定下一步行动 关键指标能更准确反映公司财务健康状况 将这些指标与去年同期及分析师预期对比有助于投资者预测股票价格表现 [2] 公司各项指标表现 - 财产和意外险 - 损失与理赔费用比率为69.6% 高于四位分析师平均预估的65% 财产和运输 - 承保费用比率为17.2% 低于四位分析师平均预估的18.4% 财产和运输 - 损失与理赔费用比率为79.3% 高于四位分析师平均预估的76.4% 财产和意外险 - 综合比率 - 专业险为94.3% 高于四位分析师平均预估的91.6% 财产和运输 - 综合比率为96.5% 高于四位分析师平均预估的94.8% [3] - 财产和意外险净保费收入20.6亿美元 高于五位分析师平均预估的18.2亿美元 同比增长10.8% 净投资收益2亿美元 高于五位分析师平均预估的1.8294亿美元 同比增长19.1% 专业意外险净保费收入7.44亿美元 低于三位分析师平均预估的7.6997亿美元 同比增长1.4% 财产和运输净保费收入9.81亿美元 高于三位分析师平均预估的7.1932亿美元 同比增长18.5% 专业金融净保费收入2.69亿美元 高于三位分析师平均预估的2.4402亿美元 同比增长16% 其他收入2600万美元 低于两位分析师平均预估的4252万美元 同比下降39.5% 其他专业净保费收入6100万美元 低于两位分析师平均预估的6350万美元 同比无变化 [3] 公司股票表现 - 公司股票过去一个月回报率为 -6.1% 而Zacks标准普尔500综合指数变化为 -0.5% 公司股票目前Zacks评级为3级（持有） 表明近期可能与大盘表现一致 [4]

American Financial Group (AFG) came out with quarterly earnings of $2.31 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.97%. A quarter ago, it was expected that this property and casualty insurer would post earnings of $2.53 per share when it actually produced earnings of $2.56, delivering a surprise of 1.19%.Over the las ...

Analysts on Wall Street project that American Financial Group (AFG) will announce quarterly earnings of $2.51 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $2.06 billion, declining 0.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...

The market expects American Financial Group (AFG) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these ...

Investors might want to bet on American Financial Group (AFG) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...