CNA Financial Corporation (NYSE:CNA) came out with its yearly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like the results were a bit of a negative overall. While revenues of US$14b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.2% to hit US$3.52 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
See our latest analysis for CNA Financial
Taking into account the latest results, the most recent consensus for CNA Financial from twin analysts is for revenues of US$15.2b in 2025. If met, it would imply a reasonable 6.3% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 37% to US$4.85. In the lead-up to this report, the analysts had been modelling revenues of US$15.2b and earnings per share (EPS) of US$5.13 in 2025. So it looks like there’s been a small decline in overall sentiment after the recent results – there’s been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.
The consensus price target held steady at US$48.00, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the CNA Financial’s past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 6.3% growth on an annualised basis. That is in line with its 6.1% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 5.2% per year. So although CNA Financial is expected to maintain its revenue growth rate, it’s only growing at about the rate of the wider industry.
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
