Travelers Companies Inc reports results for the quarter ended December 31 - Earnings Summary

• Travelers Companies Inc TRV.N reported quarterly adjusted earnings of $9.15​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $7.01. The mean expectation of twenty three analysts for the quarter was for earnings of $6.63 per share. Wall Street expected results to range from $5.68 to $7.56 per share.

• Revenue rose 7.5% to $10.74 billion from a year ago; analysts expected $10.75 billion.

• Travelers Companies Inc's reported EPS for the quarter was $8.96​.

• The company reported quarterly net income of $2.08 billion.

• Travelers Companies Inc shares had fallen by 0.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 15 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the property & casualty insurance peer group is also "hold"

Wall Street's median 12-month price target for Travelers Companies Inc is $269.00

This summary was machine generated from LSEG data January 22 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)