News Formal

Travelers stock up 3.5% premarket after Q1 earnings blow past estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Travelers Cos. Inc.’s stock jumped 3.5% in premarket trade Wednesday, after the insurer blew past earnings estimates for the first quarter. The company...

Travelers Cos. Inc.’s stock TRV jumped 3.5% in premarket trade Wednesday, after the insurer blew past earnings estimates for the first quarter. The company posted net income of $975 million, or $4.13 a share, for the period, compared with $1.018 billion, or $4.15 a share, in the year-earlier period. Adjusted per-share earnings came to $4.11, well ahead of the $3.56 FactSet consensus. Revenue rose 10% to $9.704 billion from $8.809 billion, also well ahead of the $9.340 billion FactSet consensus.

15 a share, in the year-earlier period. Adjusted per-share earnings came to $4.11, well ahead of the $3.56 FactSet consensus. Revenue rose 10% to $9.704 billion from $8.809 billion, also well ahead of the $9.340 billion FactSet consensus. Net written premiums rose 12% to $9.396 billion. The company’s underlying combined ratio, a measure of overall profitability, stood at 90.6%.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & moreJPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »