Investing.com - Travelers (NYSE:TRV) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Travelers announced earnings per share of $3.32 on revenue of $7.08B. Analysts polled by Investing.com anticipated EPS of $3.26 on revenue of $7.06B. That compared with EPS of $2.13 on revenue of $6.69B in the same period a year before.Travelers had reported EPS of $1.43 on revenue of $7.57B in the prior quarter.Analysts are forecasting EPS of $2.87 and revenue of $7.42B in the next quarter.
Travelers share's are up 3.21% for the year to date and is trading at $141.34 , down-from-52-week-high.
Travelers follows other major Financial sector earnings this month
Travelers's report follows an earnings beat by JPMorgan on Tuesday, January 14, 2020, who reported EPS of $2.57 on revenue of $29.21B, was in comparison with EPS of $2.35 on revenue of $27.87B.
Bank of America had beat expectations on Wednesday, January 15, 2020 with fourth quarter EPS of $0.74 on revenue of $22.35B, compared with anticipated for EPS of $0.68 on revenue of $22.22B.
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