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Travelers Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. In Q4, Travelers Beat Revenue

On Thursday, Investing.com reported that the fourth quarter beat analyst forecasts with a record revenue.

According to Travelers, earnings per share were $5.2 on revenues of $7.99B. Investing.com polled analysts and predicted an EPS of 3.86 for revenue $7.72B.

The shares of Travelers are now up by 2% since the start of the year. However, they’re still down 4.90% from January 10, when it hit a 52-week high of $168.31. The Dow Jones is still down 3.6% since the beginning of the year, but they are performing better than Travelers shares.

Follow this month’s major financial sector earnings by Travelers

The Travelers report is based on JPMorgan’s earnings beat on January 14th, reporting EPS at $3.33 per share on revenues of $29.26B. This compares to the forecasts of EPS at $3.01 for revenue of $29.78B.

Bank of America exceeded expectations with Thursday’s fourth quarter EPS of $0.82 based on revenue of $25.06B. That compares to $0.7652 based on revenue of $22.18B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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