Travelers Earnings Beat, Revenue Misses In Q1 -Breaking
[ad_1]
© Reuters. Travelers Earnings Beat, Revenue Misses In Q1On Tuesday, Investing.com reported that the first quarter of Travelers (NYSE 🙂 exceeded analysts’ expectations and that revenue was below expectation.
On revenue of $8.01B, Travelers reported earnings per share at $4.22. Investing.com polled analysts and predicted an EPS of 3.43 for revenue $8.03B.
While Travelers shares have increased 18% over the course of the year so far, they are still down 1.47% from March 28, when it hit a 52-week high at $187.98. They outperform the Dow Jones, which has fallen 5.3% since the beginning of the year.
Follow this month’s major financial sector earnings by Travelers
The report by Travelers follows an earnings miss from JPMorgan, which reported EPS at $2.63 per share on $30.72B revenue, as opposed to the forecasted EPS at $2.69 for $30.856M revenue.
Bank of America beat all expectations Monday, posting a first quarter earnings per share of $0.8 on $23.23B in revenue. This compares to the $0.7492 forecasted for revenue of $23.18B.
You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar
[ad_2]
