Travelers Posts Big Earnings Miss as Catastrophe Losses Expand

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The property and casualty insurance company posts third-quarter core earnings of $1.95 a share, below forecasts of $2.99.

Third-quarter earnings at Travelers Cos. missed estimates after the insurer’s catastrophe losses expanded.

Catastrophe losses were $850 million, far larger than the $512 million from a year earlier, mainly due to “numerous severe wind and hail storms in multiple states.”

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Lockheed Martin posts better-than-expected Q3 earningsCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

American Airlines makes a big change for business travelersPassengers will want to know about the new feature.
Sumber: startelegram - 🏆 248. / 63 Baca lebih lajut »

CNBC Daily Open: Bonds are driving stocks even amid big bank earningsMarkets wavered Tuesday as investors digested September’s U.S. retail sales report and third-quarter earnings from banks.
Sumber: nbcchicago - 🏆 545. / 51 Baca lebih lajut »

CNBC Daily Open: Bonds are driving stocks even amid big bank earningsMarkets wavered Tuesday as investors digested September’s U.S. retail sales report and third-quarter earnings from banks.
Sumber: NBCLA - 🏆 319. / 59 Baca lebih lajut »

Johnson & Johnson earnings: What to expectJohnson & Johnson is not expected to produce big surprises in its earnings release due Tuesday
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »