PREVIEW: Travelers to report drop in Q1 EPS; results due before the bell

Shares of Travelers Cos TRV.N are nearly flat Tues afternoon, with the insurer due to report a drop in Q1 EPS when it posts results before the bell on Wed

On February 11, Travelers said it sees $1.7 bln of pre-tax catastrophe losses from the California wildfires in January, an event which some analysts said was among the costliest natural disasters for insurers

Analysts expect the co to report an increase in quarterly rev to $10.83 bln from $10.18 bln in the yr-ago qtr, while it is expected to post adj earnings of 81c/shr vs $4.69 a yr ago, according to LSEG

In mid-January, analysts were expecting EPS for Q1 of $5.77, LSEG data shows

The co has beaten analysts' earnings expectations in four of the past eight reporting periods, per LSEG

Last week, at least three brokerages including Barclays cut their price targets on TRV while at least three including Wells Fargo raised them

The median 12-mo price target for TRV is $276; the stock was last at $250.77​​​

Analyst recommendations on the stock include nine "strong buy" or "buy" ratings, 15 "hold" ratings and two "sell" ratings

The stock is outperforming the broader market YTD, up 4% for compared with a roughly 4.6% decline in the Dow Jones industrial average .DJI since the start of 2025