Investing.com - The Travelers reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $2.54 on revenue of $7.72B. Analysts polled by Investing.com anticipated EPS of $2.26 on revenue of $6.99B. That compared to EPS of $2.28 on revenue of $6.66B in the same period a year earlier The company had reported EPS of $1.81 on revenue of $7.13B in the previous quarter.
For the year, The Travelers shares are down 7.23%, under-performing the Dow 30 which is up 3.62% year to date.
The Travelers follows other major Financial sector earnings this month
On Tuesday, JPMorgan (NYSE:JPM) reported fourth quarter EPS of $ on revenue of $, compared to forecasts of EPS of $2.24 on revenue of $27.41B.
Bank of America (NYSE:BAC) earnings missed analyst's expectations on Wednesday, with fourth quarter EPS of $ on revenue of $. Investing.com analysts expected EPS of $0.65 on revenue of $22.76B
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