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CNA Financial Corporation (CNA) has seen a significant increase in earnings estimates, with the current quarter’s estimate rising by 11.11% to $1.10 per share, despite a year-over-year decline of 12.0%. For the full year, the earnings estimate stands at $4.86 per share, reflecting a 0.6% increase from the previous year.
These upward revisions have earned CNA a Zacks Rank #2 (Buy), indicating strong analyst optimism. Over the past 30 days, two estimates have moved higher, leading to a 6% rise in the consensus estimate for the current year.
The stock has gained 6.5% over the last four weeks, and further upside is anticipated as analysts remain optimistic about its performance.
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