Investing.com - Chubb (NYSE:CB) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chubb announced earnings per share of $2.28 on revenue of $8.00B. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $7.38B. That with comparison to EPS of $2.02 on revenue of $7.35B in the same period a year before.Chubb had reported EPS of $2.7 on revenue of $8.62B in the previous quarter.Analysts are expecting EPS of $2.73 and revenue of $7.43B in the upcoming quarter.
Chubb shares are down 2% from the beginning of the year and are trading at $157.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.65% year to date.
Chubb shares gained 1.66% in after-hours trade following the report.
Chubb follows other major Financial sector earnings this month
Chubb's report follows an earnings beat by JPMorgan on Tuesday, January 14, 2020, who reported EPS of $2.57 on revenue of $29.21B, compared to forecasts EPS of $2.35 on revenue of $27.87B.
Mastercard had beat expectations on Wednesday, January 29, 2020 with fourth quarter EPS of $1.96 on revenue of $4.41B, compared to forecast for EPS of $1.87 on revenue of $4.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar