AFG shares gain as earnings, outlook top Street views

Shares of American Financial Group jumped over 7 percent in New
York trading today after the property and casualty insurer posted
record earnings that exceeded market estimates for the fourth
quarter and projected full-year 2018 results would top
expectations.
While one-time items depressed its net income for the just-ended
quarter, the Cincinnati-based carrier still posted an 11 percent
gain in core net operating earnings, to $2.20 per share, aided by
significantly higher underwriting profit in