Travelers beats earnings estimates despite higher catastrophe losses
The Travelers Cos. TRV, -1.27% said Tuesday it had net income of $621 million, or $2.32 a share, in the fourth quarter, up from $551 million, or $1.98 a share, in the year-earlier period. Adjusted per-share earnings came to $2.13, ahead of the FactSet consensus of $2.10. Revenue rose to $7.7896 billion from $7.451 billion. Net written premiums rose to $6.691 billion from $6.424 billion.
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https://www.marketwatch.com/story/travel...yptr=yahoo
Travelers verfehlt trotz Gewinnplus die Erwartungen
Unter dem Strich verdiente das Unternehmen in den Monaten April bis Juni 557 Millionen US-Dollar und damit gut sechs Prozent mehr als ein Jahr zuvor,...
Die gebuchten Nettoprämien konnte der Versicherer im Vergleich zum Vorjahreszeitraum um vier Prozent auf 7,45 Milliarden Dollar (6,64 Mrd Euro) steigern. Dabei musste er für Katastrophenschäden - vor allem Stürmen in den USA - diesmal rund 367 Millionen Dollar aufwenden, ein Rückgang um rund ein Viertel.
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https://www.finanzen.net/nachricht/aktie...en-7744635
Travelers' (TRV) Q3 Earnings Miss Estimates, Decline Y/Y
The Travelers Companies’ TRV third-quarter 2019 core income of $1.43 per share missed the Zacks Consensus Estimate of $2.38 by 39.9%. The bottom line declined 43.7% year over year.
Shares of the company fell 2.2% after it posted lower-than-expected earnings.
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https://finance.yahoo.com/news/travelers...02758.html
Travelers (TRV) Tops Q4 Earnings and Revenue Estimates
Travelers (TRV) came out with quarterly earnings of $3.32 per share, beating the Zacks Consensus Estimate of $3.23 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 2.79%. A quarter ago, it was expected that this insurer would post earnings of $2.38 per share when it actually produced earnings of $1.43, delivering a surprise of -39.92%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Travelers, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $8.05 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.89%. This compares to year-ago revenues of $7.74 billion.
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https://finance.yahoo.com/news/travelers...01071.html