American Financial Group reports Q4 EPS $3.12, consensus $3.01

Reports Q4 revenue $2.15B, consensus $1.78B. Carl H. Lindner III and S. Craig Lindner, AFG‘s Co-Chief Executive Officers, issued this statement: “We are very pleased with AFG’s performance in the 2024 fourth quarter and full year. In addition to producing an annual core operating return on equity in excess of 19%, net written premiums grew by 7% during the year. Excellent underwriting results, record P&C net investment income and effective capital management enable us to continue to create long-term value for our shareholders. We are thankful for our talented insurance and investment professionals, who have positioned us well as we enter 2025. Our thoughts and prayers continue to include those who have been impacted by the devastation caused by the wildfires in Southern California. We are grateful to our claims professionals and insurance specialists who are helping our policyholders recover, restore their businesses and rebuild their communities.”