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Cna Financial Corp. (CNA)
NYSE:CNA
US Market
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CNA Financial (CNA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 09, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
1.19
Last Year’s EPS
1.25
Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 03, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
CNA Financial Corporation reported a strong third quarter with record core income and robust underwriting results. Despite challenges in the commercial auto portfolio and rate declines in the International segment, the overall performance was bolstered by strong investment results and effective expense management.
Company Guidance
In the third quarter of fiscal year 2025, CNA Financial Corporation reported record core income of $409 million, a significant increase from $293 million in the prior year, driven primarily by strong underwriting gains and enhanced net investment income. The company's P&C all-in combined ratio improved to 92.8%, with a notable decline in catastrophe losses to $41 million, or 1.5 points, compared to the average over the past five years. The underlying combined ratio stood at 91.3%, with an expense ratio of 29.1%, reflecting effective cost management. Net written premiums grew by 3%, with the Commercial segment achieving a 5% rate increase and a 6% renewal premium change. In the Specialty segment, the combined ratio was 93.3%, while the International segment saw a 15% growth in net written premiums, aided by favorable reinsurance cost adjustments. The company also reported a net investment income of $638 million for the quarter, up 2% year over year, with fixed income investments yielding $567 million. Operating cash flow remained robust at $720 million, contributing to a trailing twelve-month core return on equity of 10.9%. CNA maintained a strong balance sheet, with stockholders' equity at $12.5 billion excluding AOCI, and statutory capital and surplus reaching a record $11.5 billion. The effective tax rate on core income was 21.3%, aligning with year-to-date expectations.
Record Core Income
CNA Financial Corporation achieved record core income of $409 million in the third quarter, driven by strong underwriting gains and higher net investment income. Year-to-date core income exceeded $1 billion for the first time on record.
Strong Underwriting Performance
Underwriting income was particularly strong at $194 million, nearly triple the prior year quarter, benefiting from benign catastrophe losses. The underlying underwriting gain was $235 million, marking the tenth consecutive quarter above $200 million.
Improved Combined Ratios
The P&C all-in combined ratio was 92.8%, with an underlying combined ratio of 91.3%. The Commercial segment showed a 7.5 point improvement from the prior year quarter, and the International segment achieved a combined ratio of 91.8%.
Growth in International Segment
The International segment saw a 15% increase in net written premiums, with new business up 29%, capitalizing on several niche opportunities.
Strong Investment Results
Net investment income was $638 million, a 2% increase from the prior year, driven by favorable reinvestment rates and strong cash flow from operations.
Stable Expense Management
The P&C expense ratio was 29.1% for the third quarter, reflecting effective management and higher net earned premiums.

CNA Financial (CNA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CNA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 09, 2026
2025 (Q4)
1.19 / -
1.25
Nov 03, 2025
2025 (Q3)
1.46 / 1.50
1.0838.89% (+0.42)
Aug 04, 2025
2025 (Q2)
0.97 / 1.23
1.193.36% (+0.04)
May 05, 2025
2025 (Q1)
1.14 / 1.03
1.3-20.77% (-0.27)
Feb 10, 2025
2024 (Q4)
1.23 / 1.25
1.33-6.02% (-0.08)
Nov 04, 2024
2024 (Q3)
1.07 / 1.08
1.061.89% (+0.02)
Jul 29, 2024
2024 (Q2)
1.19 / 1.19
1.135.31% (+0.06)
May 06, 2024
2024 (Q1)
1.40 / 1.30
1.199.24% (+0.11)
Feb 05, 2024
2023 (Q4)
1.10 / 1.33
1.0131.68% (+0.32)
Oct 30, 2023
2023 (Q3)
0.99 / 1.06
0.7835.90% (+0.28)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CNA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 03, 2025
$44.55$44.05-1.12%
Aug 04, 2025
$43.47$45.22+4.03%
May 05, 2025
$47.45$47.16-0.61%
Feb 10, 2025
$45.68$46.22+1.18%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cna Financial Corp. (CNA) report earnings?
Cna Financial Corp. (CNA) is schdueled to report earning on Feb 09, 2026, Before Open (Confirmed).
    What is Cna Financial Corp. (CNA) earnings time?
    Cna Financial Corp. (CNA) earnings time is at Feb 09, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CNA EPS forecast?
          CNA EPS forecast for the fiscal quarter 2025 (Q4) is 1.19.
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