Chubb Earnings, Revenue Beat in Q1
2022.04.27 00:12
Chubb Earnings, Revenue Beat in Q1
Investing.com – Chubb (NYSE:CB) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Chubb announced earnings per share of $3.82 on revenue of $9.2B. Analysts polled by Investing.com anticipated EPS of $3.48 on revenue of $9.06B.
Chubb shares are down 5% from the beginning of the year, still down 7.12% from 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.
Chubb shares lost 0.80% in after-hours trade following the report.
Chubb follows other major Financial sector earnings this month
Chubb’s report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
