-+ 0.00%
-+ 0.00%
-+ 0.00%
Travelers: Q3 Earnings Snapshot
Share
Listen to the news

NEW YORK (AP) — NEW YORK (AP) — The Travelers Cos. (TRV) on Friday reported third-quarter net income of $1.92 billion.

The New York-based company said it had profit of $9.04 per share. Earnings, adjusted for investment costs, came to $9.18 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $7.07 per share.

The insurer posted revenue of $12.41 billion in the period. Its adjusted revenue was $12.45 billion, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $12.4 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRV at https://www.zacks.com/ap/TRV

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending