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Actionable news in HIG: THE HARTFORD FINANCIAL SERVICES GROUP Inc,

Hartford Financial (HIG) Stock Plummets After Q2 Earnings Miss

NEW YORK (TheStreet) -- Shares of Hartford Financial Services (HIG) are falling 9.11% to $39.93 on heavy trading volume Friday afternoon after the company posted weak earnings and revenue for the 2016 second quarter.

After yesterday's closing bell, the Hartford, CT-based insurance and financial services company posted core earnings of 31 cents per diluted share, while analysts were expecting earnings of 80 cents per share.

Revenue for the quarter was $4.68 billion, lower than analysts' estimates of $4.71 billion

"Although many of our segments continued to generate solid results, the second quarter bottom line was disappointing...


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