Chubb Earnings, Revenue Beat in Q1 -Breaking
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© Reuters. Chubb Revenue Beats in Q1Chubb (NYSE 🙂 announced Tuesday that the first quarter ended with revenue exceeding analysts’ expectations.
Chubb reported earnings per share at $3.82 for revenue $9.2B. Investing.com polled analyst to predict EPS at $3.48 on revenues of $9.06B.
Chubb shares have fallen 5% since the start of the year but are still 7.12% below its 52-week high of $218.99, set on March 29. They are outperforming the S&P 500 which is down 12.4% from the start of the year.
Following the report, Chubb shares were down 0.80% after hours trade.
Chubb reports on other important earnings in the Financial sector this month
Chubb’s earnings report is following JPMorgan’s April 13 earnings miss. JPMorgan reported an EPS figure of $2.63 for $30.72B in revenue, while Chubb forecasts an EPS number of $2.7 for $30.66B.
Bank of America exceeded expectations in April 18, posting EPS of $0.8 for the first quarter on revenue of £23.23B. This compares to the forecast of EPS of $0.7495 on revenue of $33.13B.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar
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