Hartford Financial: Volatility high ahead of Q3 report - Elizabeth Harrow

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Hartford Financial: Volatility high ahead of Q3 report
Nov 03, 2009 05:20 PM UTC

Elizabeth Harrow

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Symbol	Sentiment	Start	Return	Closed
LNC	n/a
HIG	n/a

Via BloggingStocks:

Filed under: Earnings reports, Options

Hartford Financial Services (NYSE: HIG) is scheduled to step into the earnings spotlight right after Tuesday's closing bell, with the insurance issue releasing its final third-quarter figures. Analysts are expecting Hartford to report a profit of $1.11 per share, according to Thomson Reuters, representing a dramatic reversal from its year-ago loss of $1.40 per share.

Hartford has a mixed history on the earnings front, with the company exceeding consensus expectations in two of the previous four reporting periods -- and falling short of Wall Street's predictions during the other two quarters. On the plus side, sector peer Lincoln National (NYSE: LNC) recently released a stronger-than-expected third-quarter report, which could bode well for Hartford.

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Hartford Financial: Volatility high ahead of Q3 report originally appeared on BloggingStocks on Tue, 03 Nov 2009 12:20:00 EST. Please see our terms for use of feeds.

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