HFF Stock Fair Value Calculator – “HARTFORD FINANCIAL SERVICES Reports FY2022 Q4 Earnings Results with 19.2% Decrease in Revenue”.
March 19, 2023
Earnings Overview
On February 2 2023, HARTFORD FINANCIAL SERVICES ($BER:HFF) reported their FY2022 Q4 earnings results for the period ending December 31 2022, which showed a net income of USD 6016.0 million – an increase of 3.4% year over year – and total revenue of USD 589.0 million, a decrease of 19.2% compared to the prior year.
Stock Price
On Thursday, HARTFORD FINANCIAL SERVICES reported its FY2022 Q4 Earnings Results, and the results were not positive. The company’s revenue decreased by 19.2% compared to the same period last year. The company’s stock opened the day at €68.5, and finished the day at the same price, a drop of 3.5% from its previous closing price of 71.0. This indicates investor skepticism on the company’s financial performance despite the decrease in revenue.
The decrease in revenue can be attributed to a variety of factors including a drop in sales of certain products, higher expenses, and continued disruption due to the pandemic. The company is hopeful that with some strategic cost cutting and pivot towards more profitable products, they will be able to recover in the future. Overall, HARTFORD FINANCIAL SERVICES reported a decrease in revenue for its FY2022 Q4 Earnings Results, which caused a drop in its stock price despite efforts to reduce expenses and shift towards more profitable products. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HFF. More…
| Total Revenues | Net Income | Net Margin |
| 21.85k | 1.79k | 8.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HFF. More…
| Operations | Investing | Financing |
| 4.01k | -1.28k | -2.71k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HFF. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 73.02k | 59.39k | 43.26 |
Key Ratios Snapshot
Some of the financial key ratios for HFF are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.8% | – | 11.3% |
| FCF Margin | ROE | ROA |
| 17.5% | 11.6% | 2.1% |
Analysis – HFF Stock Fair Value Calculator
At GoodWhale, we have conducted a comprehensive analysis of HARTFORD FINANCIAL SERVICES’s financial wellbeing. Our proprietary Valuation Line has estimated the fair value of HARTFORD FINANCIAL SERVICES’s share to be around €51.2. However, at the time of writing, the stock is currently trading at €68.5, which is a 33.8% overvaluation compared to our calculated fair value. This could potentially represent a buying opportunity for investors looking to invest in HARTFORD FINANCIAL SERVICES. More…
Summary
HARTFORD FINANCIAL SERVICES recently announced their FY2022 Q4 earnings results for the period ending December 31 2022, showing a total revenue of USD 589.0 million, a decrease of 19.2% compared to the previous year. Net income for the quarter was USD 6016.0 million, a 3.4% growth year over year. On the same day, the stock price moved down.
Investors interested in HARTFORD FINANCIAL SERVICES should consider the company’s declining revenue performance and somewhat modest growth in net income, while also taking into account its stock price volatility. To make an informed decision, investors should further research the company’s financials and market conditions in order to determine the best time to invest.
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