American Financial Group: Q4 2024 Earnings Preview

Labutes IR
4.06K Followers
(12min)

Summary

  • American Financial Group is a mid-sized P&C insurer with strong underwriting performance and a focus on specialty lines, leading to consistent profitability.
  • AFG's Q4 2024 earnings are expected to recover, with a combined ratio of around 88.7% and net income rising to $263 million.
  • The company has a solid financial position, with excess capital and a flexible capital return policy, though its income appeal is less predictable.
  • AFG's premium valuation limits short-term upside potential, making W. R. Berkley Corporation a potentially better value for long-term investors in the P&C sector.

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American Financial Group, Inc. (NYSE:AFG) is expected to release its Q4 2024 earnings next week, which aren’t expected to be much different from previous quarters, while its valuation doesn’t leave much room for upside in the short term. Given

This article was written by

4.06K Followers
Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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