Investing.com - Chubb (NYSE:CB) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Chubb announced earnings per share of $3.17 on revenue of $10.75. Analysts polled by Investing.com anticipated EPS of $3.19 on revenue of $11.77B.
Chubb shares are up 22.07% from the beginning of the year and are trading at $191.36 , down-from-52-week-high.
Chubb shares lost 5.00% 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 Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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