Investing.com – Travelers (NYSE:) announced fourth quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts.
The company reported earnings per share of $3.32 on revenue of $7.08B. Analysts polled by Investing.com expected EPS of $3.26 on revenue of $7.06B. That compared with EPS of $2.13 on revenue of $6.69B in the same period a year earlier. Travelers had announced EPS of $1.43 on revenue of $7.57B in the previous quarter.
Analysts are expecting EPS of $2.87 and revenue of $7.42B in the upcoming quarter.
Travelers share’s are up 3.21% from the beginning of the year , still down 8.87% from its 52 week high of $155.09 set on July 16, 2019.
Travelers follows other major Financial sector earnings this month
On January 14, JPMorgan reported fourth quarter EPS of $2.57 on revenue of $29.21B, compared with a forecasts for EPS of $2.35 on revenue of $27.87B.
Bank of America earnings beat analysts’ expectations on January 15, with fourth quarter EPS of $0.74 on revenue of $22.35B. Investing.com analysts expected EPS of $0.68 on revenue of $22.22B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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