Headline: American Financial (AFG) Exceeds Q4 Earnings Expectations, Shares Drop - 2026-02-03

[Para 1: The Lead] American Financial Group Inc. (AFG), based in Cincinnati, reported a fourth-quarter profit of $299 million, exceeding Wall Street expectations. Per share, the earnings were $3.58, surpassing the average analyst estimate of $3.18 per share. Despite the strong earnings, AFG shares fell approximately 5% since the start of the year, closing at $130.25 on Tuesday. [Para 2-3: Supporting details & Context] Revenue for the quarter stood at $2.06 billion, with an adjusted revenue of $2.02 billion. For the full year, AFG reported a profit of $842 million, or $10.08 per share, on revenue of $7.91 billion. The company's shares have declined by nearly 5% over the past 12 months. The financial figures and market reaction highlight AFG's performance and investor sentiment.